The NZDUSD price surpasses the resistance – Forecast today – 01-08-2024

nzd_usd_forex_The NZDUSD price breached 0.5915$ level clearly to head towards achieving expected gains on the intraday basis, targeting visiting 0.6000$ mainly.

Holding above 0.5915$ is required to continue the expected rise, as breaking it will push the price to decline again and open the way to head towards 0.5850$ followed by 0.5775$ levels as next negative stations.

The expected trading range for today is between 0.5900$ support and 0.6000$ resistance

Trend forecast: Bullish

Origin: Economies

 

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