The NZDUSD price confirms the break – Forecast today – 26-07-2024

com-l7The NZDUSD price managed to confirm breaking 0.5915$ level after ending yesterday below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, opening the way to target 0.5850$ followed by 0.5775$ levels as next negative stations.

Holding below 0.5915$ is important to the continuation of the expected decline, as breaching it will push the price to recover and head to visit 0.6000$ initially.

The expected trading range for today is between 0.5820$ support and 0.5920$ resistance

Trend forecast: Bearish

Origin: Economies

 

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