The NZDUSD price begins positively – Forecast today – 09-08-2024

news_22_feb_nzd_usd_1The NZDUSD price managed to confirm breaching 0.6000$ level, starting today with clear positivity to move away from this level and support the continuation of the expected bullish trend for the upcoming period, which targets 0.6070$ as a next station, noting that breaching this level will extend the bullish wave to reach 0.6140$.

Therefore, we will continue to suggest the bullish trend that gets good support by the EMA50 unless breaking 0.6000$ and holding below it.

The expected trading range for today is between 0.5990$ support and 0.6090$ resistance

Trend forecast: Bullish

Origin: Economies

 

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