EURNZD recently broke the support area located between the support level 1.8200 (low of the pervious short-term correction (a)) and the 50% Fibonacci retracement of the pervious upward impulse from February.
The breakout of this support area accelerated active short-term impulse wave (c) of the ABC correction 2 from March.
EURNZD is likely to fall further toward the next round support level 1.8000 (61.8% Fibonacci retracement of the pervious the aforementioned impulse wave from February).
- 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