The NZDUSD price rises again – Forecast today - 26-04-2024

NZDUSD Price Analysis

Expected Scenario

• The NZDUSD price has returned to rise after a temporary decline, reinforcing the continuation of the positive overview.
• The target is set at 0.6000$ initially, with potential extension of the bullish wave to reach 0.6070$ areas upon breaching this level.

Key Levels

• Holding above 0.5915$ is important to achieve these targets, while breaking it represents the key to resume the main bearish trend.

Expected Trading Range

Between the support at 0.5915$ and the resistance at 0.6015$.