The NZDUSD price moves away from the support – Forecast today – 11-10-2024

nzd_1_newsThe NZDUSD price leaned on 0.6070$ level to rebound bullishly and resume the expected bullish trend on the intraday basis, waiting for more rise to test 0.6140$ as a first target, noting that breaching it will open the way to achieve additional gains that reach 0.6228$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that the continuation of the bullish wave conditions holding above 0.6070$.

The expected trading range for today is between 0.6060$ support and 0.6160$ resistance

Trend forecast: Bullish

Origin: Economies

 

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