The NZDUSD price is recovering – Forecast today – 04-02-2025

nzd_3_newsThe NZDUSD price couldn’t manage to break 0.5540$, to trade with clear positivity and head towards achieving some bullish correction, noting that the main expected target is located at 0.5738$.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 0.5540$ will stop the bullish trend and push the price to return to the main bearish track again.

The expected trading range for today is between 0.5570$ support and 0.5670$ resistance

Trend forecast: Bullish

Origin: Economies

 

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