The EURNZD pair formed correctional bullish rebound recently, affected by stochastic positivity, to approach the broken support at 1.7275, noting that the continuous fluctuation below this barrier will increase the chances of renewing the negative attempts, to expect targeting 1.7065 level initially, followed by waiting to achieve the second negative target at 1.6800.
The expected trading range for today is between 1.7275 and 1.7100
The expected trend for today: Bearish