The NZDUSD pair ended last Friday below 0.7005 level, to support the continuation of the bearish trend, opening the way to head towards 0.6955 that represents our next station.
Therefore, we are waiting for more decline in the upcoming sessions, taking into consideration that holding below 0.7005 represents initial condition to continue the suggested negative scenario.
The expected trading range for today is between 0.6930 support and 0.7040 resistance
The expected trend for today: Bearish