The NZDUSD pair shows more bearish bias to approach the extended target at 0.7000, and we suggest the continuation of the negative pressure to surpass this level and achieve more decline on the longer term basis, supported by the EMA50, noting that the continuation of the bearish wave depends on the price stability below 0.7105 and the most important below 0.7185.
The expected trading range for today is between 0.7000 support and 0.7100 resistance
The expected trend for today: Bearish