The NZDUSD pair managed to touch our first target at 0.6900 and bounced bullishly to test the bearish channel’s resistance, and as long as the price is below 0.7000, our bearish overview will remain valid and active, supported by the negative pressure formed by the EMA50, reminding you that our extended target reaches 0.6800.
The expected trading range for today is between 0.6900 support and 0.7000 resistance
The expected trend for today: Bearish