The NZDUSD price rises again – Forecast today – 26-04-2024

news_22_feb_nzd_usd_1NZDUSD Price Analysis

Expected Scenario
The NZDUSD price has returned to rise after a temporary decline, reinforcing the continuation of the positive overview.
The target is set at 0.6000$ initially, with potential extension of the bullish wave to reach 0.6070$ areas upon breaching this level.
Key Levels
Holding above 0.5915$ is important to achieve these targets, while breaking it represents the key to resume the main bearish trend.

Expected Trading Range
Between the support at 0.5915$ and the resistance at 0.6015$.

Trend Forecast: Bullish

Origin: Economies

 

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