NZD/USD Analysis
Posted: 09 Nov 2023, 18:28
The NZD/USD pair reached a few pips away from our waited target at 0.5900, and we expect to surpass this level to open the way to achieving additional negative targets that reach 0.5850, waiting to get negative motives that help push the price to achieve the required break.
On the other hand, breaching 0.5960 will stop the expected decline and allow the price to recover and achieve gains that reach 0.6020 on a near-term basis. The expected trading range for today is between 0.5865 support and 0.5960 resistance.
On the other hand, breaching 0.5960 will stop the expected decline and allow the price to recover and achieve gains that reach 0.6020 on a near-term basis. The expected trading range for today is between 0.5865 support and 0.5960 resistance.