The NZDUSD pair keeps its stability below 0.7100 that was broken previously, to keep the bearish trend valid and active in the upcoming period, and the way is open to visit 0.6992 that represents our next main target.
The EMA50 supports the expeted decline, noting that the continuation of the negative overview depends on holding below 0.7100 and 0.7187 levels.
Expected trading range for today is between 0.6992 support and 0.7130
Expected trend for today: Bearish