The NZDUSD price forecast update 28-03-2024
Economies.com
2024-03-28 10:19AM UTC
NZDUSD Price Analysis
- The NZDUSD price resumes its negative trading to move away from 0.6000$ level, which supports the continuation of the expected bearish trend for today, and the way is open to achieve our first waited target at 0.5915$.
- The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6000$.
Expected Trading Range
- Support: 0.5930$
- Resistance: 0.6040$
Trend forecast: Bearish
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