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The NZDUSD price begins with new positivity – Forecast today - 29-04-2024
NZDUSD Price Analysis
The NZDUSD price shows new positive trades by today’s open, to support the continuation of the expected bullish trend on the intraday basis, and the way is open to achieve our waited target at 0.6000$.
The EMA50 supports the price from below to reinforce the chances of continuing the rise, and breaching the mentioned level will push the price towards 0.6070$ as a next positive station, while the expected rise will remain valid unless breaking 0.5915$ and holding below it.
The expected trading range for today is between 0.5920$ support and 0.6015$ resistance.
Trend forecast: Bullish
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