The NZDUSD pair opens today’s trading with clear positivity to surpass 0.7000 and head towards potential turn to the trend upwards, to stay neutral temporarily until we get clearer signal for the next trend, as the price faces contradiction between the technical indicators.
Note that consolidating above the mentioned level will push the price to test 0.7095 level initially, while breaking 0.7000 and trading below it again represents the key to return to the bearish track that its next target located at 0.6895.
The expected trading range for today is between 0.6960 support and 0.7070 resistance
The expected trend for today: Neutral