The NZDUSD pair completed forming head and shoulders’ pattern that its signs appear on the above chart, to get additional negative motive that supports the expectations of continuing the decline on the intraday basis, reinforcing the chances of achieving our waited target at 0.6654.
Therefore, the bearish bias will remain dominant in the upcoming sessions conditioned by the price stability below 0.6795.
Expected trading range for today is betwenen 0.6640 support and 0.6780
Expected trend for today: Bearish