The NZDUSD price keeps declining – Forecast today – 15-11-2024

news_22_feb_nzd_usd_1The NZDUSD price shows more bearish bias that supports the expectations of continuing the bearish trend on the intraday and short-term basis, organized inside the bearish channel that has negative targets that surpass 0.5775$ to reach 0.5720$.

Therefore, we will continue to suggest the bearish trend for the upcoming period, reminding you that it is important to hold below 0.5915$ to achieve the waited targets.

The expected trading range for today is between 0.5810$ support and 0.5910$ resistance

Trend forecast: Bearish

Origin: Economies

 

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