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NZDUSD Price Analysis
Expected Scenario
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The NZDUSD price has successfully reached the anticipated target of $0.6070 and found solid support at this level. This support has sparked positive trades, indicating a potential bullish wave in the upcoming sessions, with a primary target of $0.6140.
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As a result, a bullish bias is expected for today. However, if the price breaks below $0.6070, it will halt the bullish trend and potentially lead to a decline.
Expected Trading Range
- Support: $0.6040
- Resistance: $0.6140
Trend Forecast: Bullish
