The NZDUSD price consolidates above the support – Forecast today – 06-08-2024

nzd_3_newsThe NZDUSD price settles around 0.5950$ level, waiting to get positive motive that push the price to test 0.6000$ as a first target, noting that breaching it will push the price towards 0.6070$ as a next main target.

Therefore, the bullish trend will remain suggested for the upcoming period unless breaking 0.5915$ and holding below it.

The expected trading range for today is between 0.5900$ support and 0.6010$ resistance

Trend forecast: Bullish

Origin: Economies

 

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