The NZDUSD awaits positive trades – Analysis 01-03-2024

news_22_feb_nzd_usd_1The NZDUSD pair settles near 0.6070 level, getting positive signals through RSI, reinforcing the expectations to rise on the intraday basis, waiting to test 0.6140 as a first target.

Therefore, we will continue to suggest the bullish trend as long as 0.6070 level remains intact, noting that breaching 0.6100 will ease the mission to achieve the waited positive targets.

The expected trading range for today is between 0.6060 support and 0.6160 resistance

The expected trend for today: Bullish

Origin: Economies

 

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