The NZDUSD price confirms the breach – Forecast today – 28-08-2024

com-l7The NZDUSD price managed to breach 0.6228$ and close the daily candlestick above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, and the way is open to achieve our next target that reaches 0.6300.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 0.6228$ and holding above it.

The expected trading range for today is between 0.6200$ support and 0.6300$ resistance

Trend forecast: Bearish

Origin: Economies

 

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