The NZDUSD price shows mixed trades – Forecast today – 12-07-2024

com-l7The NZDUSD price approached our waited positive target at 0.6140$ and bounced bullishly from there, to test the key support base at 0.6070$, noticing that the price begins today positively to head towards resuming the expected bullish trend on the intraday basis, which its targets extend to 0.6228$ after surpassing the first level.

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 0.6070$ to achieve the expected targets.

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

Trend forecast: Bullish

Origin: Economies

 

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