The NZDUSD price needs the positive momentum – Forecast today – 30-08-2024 – ForexNews.PRO
The NZDUSD price was forced to decline after facing solid resistance at 0.6300$, waiting to gather positive momentum that push the price to rise again, reminding you that our next target is located at 0.6368.
Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50, noting that breaking 0.6228$ will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 0.6220$ support and 0.6320$ resistance
Trend forecast: Bullish
Origin: Economies
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