The NZDUSD price presses on the support – Forecast today - 19-03-2024
Economies.com
2024-03-19 02:24AM UTC
The NZDUSD price couldn’t manage to continue the rise, to decline again and start pressing on 0.6070 level, which makes us suggest achieving more bearish bias and surpass this level to open the way to target 0.6000 areas as a next negative station.
Therefore, we expect to witness negative trades in the upcoming sessions, taking into consideration that failing to confirm breaking 0.6070 will stop the expected decline and lead the price to start new recovery attempts.
The expected trading range for today is between 0.6010 support and 0.6110 resistance
Trend forecast: Bearish
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