Price Analysis for NZDUSD
Expected Scenario
The NZDUSD price shows sideways trades in the previous sessions, as it lacks the required positive momentum to continue the rise, waiting to get positive motive that assist to push the price to breach 0.6140$ and confirm rallying towards 0.6228$ that represents our next target.
Therefore, our bullish overview will remain valid unless breaking 0.6070$ and holding below it.
Expected Trading Range
Between 0.6070$ support and 0.6170$ resistance
Trend Forecast: Bullish
Origin: Economies