The NZDUSD price crawls upwards – Forecast today – 05-07-2024

news_22_feb_nzd_usd_1NZDUSD Price Analysis

Expected Scenario
The NZDUSD price shows new bullish bias now, crawling towards our awaited target at 0.6140$, with expectations to surpass this level and achieve additional gains up to 0.6228$.
We continue to suggest a bullish trend for the upcoming period, contingent upon the price maintaining stability above 0.6070$.

Expected Trading Range
Between 0.6070$ support and 0.6170$ resistance.

Trend Forecast: Bullish

Origin: Economies

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