The NZDUSD price consolidates above the support base – Forecast today – 23-09-2024

nzd_newsThe NZDUSD price fluctuates around 0.6228$ level and keeps its stability above it, to keep the bullish trend active on the intraday and short-term basis, which gets continuous support by the EMA50, waiting to visit 0.6300$ followed by 0.6368$ levels as next main targets.

On the other hand, we should note that breaking 0.6228$ will stop the positive scenario and push the price to turn to decline.

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

Trend forecast: Bullish

Origin: Economies

 

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