The NZDUSD price achieves temporary rise – Forecast today – 13-06-2024

news_22_feb_nzd_usd_2NZDUSD Price Analysis

Expected Scenario
The NZDUSD price traded with clear positivity yesterday to reach the thresholds of 0.6228$ level, noticing that the price begins to build a bearish wave from these areas, aiming to achieve expected decline in the upcoming sessions.
The targets for the bearish move include visiting 0.6140$ followed by 0.6070$ levels as main negative stations.

Expected Trading Range
Between 0.6115$ support and 0.6220$ resistance.

Trend Forecast: Bearish

Origin: Economies

 

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