The NZDUSD price shows weak trades – Forecast today – 12-11-2024

nzd_3_newsThe NZDUSD price fluctuates within tight range since yesterday, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 0.6000$, supported by the negative pressure formed by the EMA50 now, reminding you that our next target is located at 0.5915$.

The expected trading range for today is between 0.5910$ support and 0.6000$ resistance

Trend forecast: Bearish

Origin: Economies

 

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