The NZDUSD pair returns to test 0.7100 leve land still below it, and as long as the price is below this level, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, waiting to head towards 0.6992 level initially.
On the other hand, breaching 0.7100 will open the way for recovery attempts and return to the main bullish trend again, as the positive targets located at 0.7187 followed by 0.7275.
Expected trading range for today is between 0.6992 support and 0.7140
Expected trend for today: Bearish