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NZDUSD Forecast and Analysis for August 16, 2024
The quotes of the currency pair NZD/USD continue to move within the development of minor growth and a bullish channel. The moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.6008. At the moment, we should expect an attempt to develop a decline and a test of the support level near ... (full story)
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- Posted: Aug 16, 2024 12:35am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,492
