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Today, the NZDUSD price exhibited varied trading patterns, nearing our anticipated positive target at $0.6140 before rebounding bullishly. The price subsequently tested a crucial support level at $0.6070. Notably, the day commenced with a positive inclination, suggesting a potential continuation of the anticipated bullish trend over the intraday period, with targets extending towards $0.6228 upon surpassing initial barriers.
Consequently, our outlook remains bullish for the upcoming period, contingent upon the price maintaining above $0.6070 to achieve the projected targets.
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The anticipated trading range for today spans between a support level of $0.6050 and a resistance level of $0.6150.
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Trend Forecast: Bullish
