The NZDUSD price forecast update 22-03-2024
Economies.com
2024-03-22 11:31AM UTC
The NZDUSD price managed to touch our waited target at 0.6000$ and attempts to break it, to suggest the continuation of the bearish bias and head to achieve additional negative targets that reach 0.5915$.
Therefore, therefore, the bearish trend will remain valid and active for the upcoming period unless the price rallied to breach 0.6070$ and hold above it.
The expected trading range for today is between 0.5980$ support and 0.6040$ resistance
Trend forecast: Bearish
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