The NZDUSD price tests the support – Forecast today – 02-09-2024

nzd_newsThe NZDUSD price is testing the key support base 0.6228$ now, keeping its stability above it, accompanied by the RSI attempts to get rid of the negative momentum and gain the positive momentum on the intraday basis, waiting to motivate the price to resume the bullish wave that its next main target reaches 0.6368$.

On the other hand, we should note that breaking 0.6228$ will put the price under additional negative pressure and build bearish wave that its first target located at 0.6140$.

The expected trading range for today is between 0.6190$ support and 0.6290$ resistance

Trend forecast: Bullish

Origin: Economies

 

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