The NZDUSD pair managed to achieve our waited target at 0.7160 and attempts to surpass it, to support the chances of extending the bearish wave on the longer term basis, noting that the next negative station reaches 0.7110, which breaking it represents the key to rally to test 0.7000 barrier.
Therefore, the bearish trend will remain dominant in the upcoming sessions conditioned by the price stability below 0.7185 and 0.7225 levels.
The expected trading range for today is between 0.7100 support and 0.7200 resistance
The expected trend for today: Bearish