Strifor || NZDUSD-07/05/2024

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Preferred direction: BUY
Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair.

Here, too, the most likely scenario is an increase from current prices (scenario №1). A less likely scenario involves a preliminary fall to 0.59857 (scenario №2). We consider the growth target near the level of 0.60713.

Additional comments on this trade will be provided as situation changes. Follow us!

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