The NZD/USD resumes the bullish trend – Analysis – 14/06/2023

nzd_1_newsThe NZDUSD pair managed to breach 0.6140 and hold above it again, reinforcing the expectations of continuing the bullish trend, motivated by the previously completed double bottom pattern, opening the way to achieve new positive targets that start at 0.6210 followed by 0.6290.

Therefore, we are waiting for more rise in the upcoming sessions, noting that the continuation of the bullish wave depends on the price stability above 0.6140 and the most important above 0.6110.

The expected trading range for today is between 0.6120 support and 0.6220 resistance

The expected trend for today: Bullish

Origin: Economies

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