The NZDUSD pair traded with strong negativity to succeed achieving our waited target at 0.6630 and surpasses it to open the way to achieve more negative targets in the upcoming period, noting that the next target reaches 0.6535.
Therefore, we are waiting for more decline on the intraday and short term basis conditioned by the price stability below 0.6700.
The expected trading range for today is between 0.6540 support and 0.6650 resistance
The expected trend for today: Bearish