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The NZDUSD price builds bearish wave – Forecast today - 30-05-2024
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The NZDUSD price builds bearish wave – Forecast today - 30-05-2024
May 29, 2024 9:51 PM

NZDUSD Price Analysis Expected Scenario The NZDUSD price traded with clear negativity yesterday to move away from the $0.6140 level and confirm the domination of the bearish bias on the intraday basis, on its way to test $0.6070 initially, noting that breaking this level will push the price towards $0.6000 as the next negative target. Therefore, we are waiting for more expected decline in the upcoming sessions unless the price rallies to breach $0.6140 and hold above it. Expected Trading Range Between $0.6050 support and $0.6140 resistance.

Trend Forecast: Bearish

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