The NZDUSD price tests the critical support – Forecast today – 24-10-2024

nzd_1_newsThe NZDUSD price returned to decline to test the key support 0.6000$, which consolidates well against the price, to start providing positive trades by today’s open, hinting heading to build bullish wave on the intraday basis, its targets begin by testing 0.6070$ areas.

Therefore, we expect to witness positive trades in the upcoming sessions unless breaking 0.6000$ and holding below it.

The expected trading range for today is between 0.5980$ support and 0.6070$ resistance

Trend forecast: Bullish

Origin: Economies

 

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