The NZD/USD currency pair has encountered solid resistance at the $0.6300 level, showing some bearish tendencies. The focus now shifts to finding positive momentum to drive the price back into its bullish trajectory, with the next target at $0.6368.
Overall, the bullish trend remains intact unless the price falls below $0.6228 and sustains below this level.
Today’s expected trading range is between $0.6230 and $0.6340.
Trend Forecast: Bullish
Related topics: