The NZDUSD pair provided more negative trades yesterday to approach our waited target at 0.6654, falling under continuous negative pressure coming by the EMA50, which supports the chances of extending the bearish wave on the short term basis, to extend the next target and reach 0.6560.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 0.6795 level and holding above it.
The expected trading range for today is betwenen 0.6600 support and 0.6720
The expected trend for today: Bearish