The NZDUSD price attempts positively – Forecast today – 13-08-2024

nzd_3_newsThe NZDUSD price shows bullish bias now in attempt to resume the intraday bullish trend, and the way is open to achieve our waited target at 0.6070$, noting that breaching this level will extend the bullish wave to reach 0.6140$.

Holding above 0.6000$ is important to achieve the suggested targets, noting that the EMA50 supports the expected bullish trend,

The expected trading range for today is between 0.5990$ support and 0.6090$ resistance

Trend forecast: Bullish

Origin: Economies

 

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