NZDUSD Price Analysis
Expected Scenario
The NZDUSD price returned to rise after testing the 0.6070$ level in previous sessions, aiming to achieve expected gains in the upcoming sessions, with an initial target at 0.6140$. Breaching this level will push the price towards 0.6228$ as the next main station.
Breaking above 0.6110$ will reinforce the positive outlook, which remains valid unless the price breaks below 0.6070$ and holds below it.
Expected Trading Range
Between 0.6060$ support and 0.6160$ resistance.
Trend Forecast: Bullish
Origin: Economies