The NZDUSD price places higher lows – Forecast today - 02-05-2024
Economies.com
2024-05-02 04:03AM UTC
NZDUSD Price Analysis
Expected Scenario
- The NZDUSD price ended yesterday positively to settle above 0.5915$ level, noticing that the price recorded higher lows as appears on the chart, to head towards building expected bullish wave on the intraday basis, targeting visiting 0.6000$ mainly.
- We expect to witness more rise in the upcoming sessions unless breaking 0.5915$ and holding below it again.
Expected Trading Range
Between the support at 0.5890$ and the resistance at 0.5990$.
Trend Forecast: Bullish
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