The NZDUSD price crawls upwards – Forecast today - 03-04-2024
Economies.com
2024-04-03 02:34AM UTC
NZDUSD Price Forecast - 03-04-2024
NZDUSD Analysis
- The NZDUSD price trades slightly positive, testing the 0.5960$ level.
- However, the EMA50 continues to exert negative pressure on the price.
- Expected bearish wave for the upcoming period targets testing 0.5915$.
- Holding below 0.6000$ is crucial for the expected decline, while breaching it may lead to recovery attempts.
Expected Trading Range for Today
- Between 0.5900$ support and 0.6000$ resistance.
Trend Forecast: Bearish
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