• EURNZD broke daily up channel
• Likely to fall to support level 1.6800
EURNZD currency pair recently broke the round support level 1.700, intersecting with the support trendline of the daily up channel from last November.
The breakout of the support level 1.700 accelerated the active minor impulse wave (i) – which belongs to the higher order downward wave B from the start of February.
EURNZD can be expected to fall further toward the next support level 1.6800 (former resistance from December and January, target for the completion of the active impulse wave (i)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies