NZDUSD Price Analysis
Expected Scenario
The NZDUSD price traded positively to breach 0.6140$ and settle above it, to head towards building new bullish wave on the intraday and short-term basis, paving the way to achieve gains that start by testing 0.6228$ level.
Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 0.6140$ will stop the bullish trend and push the price to decline again.
Expected Trading Range
Between 0.6100$ support and 0.6210$ resistance.
Trend Forecast: Bullish
Origin: Economies
