Home / Forex Treding / NZD/USD Price Forecast: Bulls eye 0.6000 after SMA break

NZD/USD Price Forecast: Bulls eye 0.6000 after SMA break

The Kiwi Dollar extends its three-day rally, climbing above 0.5850 and is poised to challenge 0.5900 amid improving risk appetite and broad US Dollar weakness. The clearance of the 200-day Simple Moving Average (SMA) supports the bullish trend, as traders eye the May monthly high at 0.5995.

Leave a Reply

Your email address will not be published. Required fields are marked *