The NZDUSD price faces solid support – Forecast today – 11-07-2024

nzd_2_newsThe NZDUSD price bounced bullishly after touching our waited target at 0.6070$, to hint heading to recover in the upcoming sessions and achieve gains that start by visiting 0.6140$.

Therefore, the bullish bias will be expected for today, and breaching 0.6100$ will reinforce the positive overview, which will remain valid unless breaking 0.6070$ and holding with a daily close below it.

The expected trading range for today is between 0.6050$ support and 0.6150$ resistance

Trend forecast: Bullish

Origin: Economies

 

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