NZDUSD Price Analysis
Expected Scenario
The NZDUSD price returns to rise by today’s open after the decline that it witnessed in the previous sessions, to keep the bullish trend scenario active for the upcoming period, which targets 0.6228$ initially, reminding you that breaching it will extend the bullish wave to reach 0.6280$.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.6140$ and holding below it.
Expected Trading Range
Between 0.6140$ support and 0.6240$ resistance
Trend Forecast: Bullish
Origin: Economies
