The NZDUSD price rises again – Forecast today - 26-04-2024

Economies.com
2024-04-26 03:58AM UTC

NZDUSD Price Analysis

Expected Scenario

  • The NZDUSD price has returned to rise after a temporary decline, reinforcing the continuation of the positive overview.
  • The target is set at 0.6000$ initially, with potential extension of the bullish wave to reach 0.6070$ areas upon breaching this level.

Key Levels

  • Holding above 0.5915$ is important to achieve these targets, while breaking it represents the key to resume the main bearish trend.

Expected Trading Range

Between the support at 0.5915$ and the resistance at 0.6015$.

Trend Forecast: Bullish

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