The NZDUSD price faces solid resistance – Forecast today – 01-10-2024

nzd_3_newsThe NZDUSD price couldn’t manage to breach 0.6368$ level, to rebound downwards clearly by today’s open and head towards expected visit to 0.6260$ followed by 0.6228$ levels.

Therefore, the bearish bias will be expected for today, noting that breaching 0.6368$ will stop the bearish wave and lead the price to resume the main bullish track again.

The expected trading range for today is between 0.6270$ support and 0.6368$ resistance

Trend forecast: Bearish

Origin: Economies

 

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