The NZDUSD price awaits more positive targets – Forecast today – 19-09-2024

news_22_feb_nzd_usd_1The NZDUSD price achieved our waited target at 0.6228$ and attacked it to reach 0.6265$ areas, but it bounced bearishly to settle below the first level, waiting to get positive motive that assist to push the price to continue the rise and achieve additional gains that reach 0.6300$, to continue suggesting the bullish trend for the upcoming period.

The EMA50 supports the suggested bullish trend, which will remain valid unless breaking 0.6140$ and holding below it.

The expected trading range for today is between 0.6180$ support and 0.6280$ resistance

Trend forecast: Bullish

Origin: Economies

 

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