Price Analysis: NZDUSD
Expected Scenario
The NZDUSD price trades with clear positivity, breaching the 0.5915$ level and attempting to hold above it. This hints at the beginning of an expected bullish wave on the intraday basis, targeting a visit to the 0.6000$ barrier mainly.
We expect to witness more rise in the upcoming sessions, with the caveat that trading below 0.5915$ again will reactivate the main bearish wave and head to achieve negative targets starting at 0.5840$.
Expected Outcome
The expected trading range for today is between 0.5880$ support and 0.5980$ resistance.
Trend Forecast: Bullish
Origin: Economies
