The NZDUSD price hits the target – Forecast today – 27-06-2024

com-l7NZDUSD Price Analysis

Expected Scenario
The NZDUSD price managed to touch our waited target at 0.6070$ and found solid support there, to start providing positive trades that hint heading to build expected bullish wave in the upcoming sessions, targeting visiting 0.6140$ mainly.
Therefore, the bullish bias will be expected for today, noting that breaking 0.6070$ will stop the bullish trend and push the price to turn to decline.

Expected Trading Range
Between 0.6040$ support and 0.6140$ resistance.

Trend Forecast: Bullish

Origin: Economies

 

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