The NZDUSD price breaks the support – Forecast today – 23-07-2024

cb_australiaThe NZDUSD price broke 0.6000$ level clearly to confirm opening the way to continue the decline on the intraday and short-term basis, waiting for more expected bearish bias in the upcoming sessions to visit 0.5915$ that represents our next main target.

Therefore, the bearish trend will remain valid and active unless the price rallied to breach 0.6000$ and hold above it.

The expected trading range for today is between 0.5910$ support and 0.6010$ resistance

Trend forecast: Bearish

Origin: Economies

 

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