The NZDUSD pair resumed its negative trades strongly yesterday to start pressing on 0.7084, waiting to break this level to confirm the continuation of the correctional bearish wave that its next targets located at 0.7030 followed by 0.6990.
Therefore, our bearish overview will remain valid and active unless the price rallied to breach 0.7170 and hold above it.
The expected trading range for today is between 0.7040 support and 0.7130 resistance
The expected trend for today: Bearish