The NZDUSD confirms the breach – Analysis 25-09-2023

nzd_usd_forex_2The NZDUSD pair settles above 0.5940 level, to keep the bullish trend scenario active on the intraday basis, reminding you that we are waiting to test 0.6020 level mainly.

Stochastic current negativity might cause some sideways fluctuation before resuming the expected rise, noting that breaking 0.5900 level will stop the bullish trend and push the price to turn to decline.

The expected trading range for today is between 0.5910 support and 0.6010 resistance

The expected trend for today: Bullish

Origin: Economies

 

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