The NZDUSD price consolidates above the support – Forecast today – 18-07-2024

news_22_feb_nzd_usd_2The NZDUSD price settled above 0.6070$ level, to start attempts to build bullish wave on the intraday basis, targeting visiting 0.6140$ as a next main station.

Therefore, the bullish bias will be suggested for today, and breaching 0.6095$ is required to ease the mission of achieving the waited target, noting that the continuation of the bullish wave depends on the price stability above 0.6070$.

The expected trading range for today is between 0.6030$ support and 0.6130$ resistance

Trend forecast: Bullish

Origin: Economies

 

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