EURNZD continues to fall inside the sharp short-term impulse wave 3 –which today broke through the key support level 1.6400 (which also reversed the price in October in 2017, as can be seen below).
The breakup of the support level 1.6400 should accelerate the active impulse wave 3 – which belongs to the intermediate impulse wave (3) from October.
EURNZD is expected to fall further and re-test the next support level 1.6200 (target price calculated for the completion of the active impulse wave (3)).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies