• EURNZD broke support area
• Likely to fall to support level 1.610
EURNZD currency pair earlier broke the support area lying between the key support level 1.6345 (previous multi-month low from February) and the support trendline of the daily down channel from August.
The breakout of this support area accelerated the active impulse wave (iii), which belongs to the higher-level impulse waves 3 and (C).
EURNZD can be expected to fall further toward the next support level 1.610 (target price for the completion of the active impulse wave (iii)).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies