NZDUSD Price Analysis
Expected Scenario
The NZDUSD price continues to rise to reach the thresholds of the waited target at 0.6228$, carried by the bullish trend line that supports the chances of breaching this level and achieve more rise on the intraday and short-term basis, noting that the next positive target reaches 0.6280$.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.6140$ and holding below it.
Expected Trading Range
Between 0.6150$ support and 0.6270$ resistance
Trend Forecast: Bullish
Origin: Economies
