The NZDUSD price declines calmly – Forecast today – 24-06-2024

nzd_newsNZDUSD Price Analysis

Expected Scenario
The NZDUSD price continues to crawl downwards to reach 0.6100$ barrier, waiting for more decline that targets 0.6070$ mainly, noting that the EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 0.6140$ and holding above it.

Expected Trading Range
The expected trading range for today is between 0.6050$ support and 0.6250$ resistance.

Trend Forecast: Bearish

Origin: Economies

 

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