The NZDUSD price attempts positively – Forecast today – 22-01-2025

nzd_2_newsThe NZDUSD price provided new positive trades yesterday to support the expectations of the bullish correction domination in the upcoming sessions, reminding you that the waited target is located at 0.5738$.

The RSI current negativity might hinder the mission to rise and slow down the bullish wave, taking into consideration that breaking 0.5585$ will stop the bullish trend and push the price to return to the main bearish track again.

The expected trading range for today is between 0.5610$ support and 0.5710$ resistance

Trend forecast: Bullish

Origin: Economies

 

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