The NZDUSD pair broke 0.7281 level strongly and settled below it, to turn the intraday trend to decline, targeting heading towards 0.7185 level again, which represents 38.2% Fibonacci correction level for the rise measured from 0.6779 to 0.7436.
Therefore, we are waiting for more decline in the upcoming sessions unless we witnessed clear breach and hold above 0.7281.
Expected trading range for today is between 0.7150 support and 0.7320
Expected trend for today: Bearish