The NZDUSD price presses on the support – Forecast today – 10-09-2024

nzd_3_newsThe NZDUSD price is attempting to break 0.6140$ level, which supports the continuation of the expected bearish trend on the intraday basis, paving the way to visit 0.6070$ as a next target.

The previously completed double top pattern motivates the price to continue the decline and achieve the suggested target, noting that breaching 0.6165$ will push the price to achieve intraday gains and test 0.6228$ before any new attempt to decline.

The expected trading range for today is between 0.6080$ support and 0.6280$ resistance

Trend forecast: Bearish

Origin: Economies

 

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