The NZDUSD price forecast update 30-04-2024
Economies.com
2024-04-30 09:24AM UTC
NZDUSD Price Analysis
Expected Scenario
- The NZDUSD price trades with clear negativity to reach the thresholds of the waited target at 0.5915$.
- Breaking this level will push the price to suffer additional losses that reach 0.5850$ followed by 0.5775$.
- Until now, the bearish trend scenario still valid and suggested unless breaching 0.6000$ and holding with a daily close above it.
Expected Trading Range
Between the support at 0.5890$ and the resistance at 0.5990$.
Trend Forecast: Bearish
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