The NZDUSD price needs strong positive motive – Forecast today - 25-04-2024
Economies.com
2024-04-25 04:07AM UTC
NZDUSD Price Analysis
- The NZDUSD price fluctuates within sideways and tight track since yesterday, waiting to get positive momentum that assist to push the price to resume the bullish wave that targets 0.6000$ as a next main station.
Expected Scenarios
- Until now, the bullish trend scenario still valid and active, supported by the EMA50, noting that breaking 0.5915$ will stop the expected rise and push the price to decline again.
Trading Range
- The expected trading range for today is between 0.5900$ support and 0.5995$ resistance.
Trend forecast: Bullish
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