• EURNZD broke resistance level 1.7550
• Likely to rise to resistance level 1.7800
EURNZD continues to rise after the earlier breakout of the resistance level 1.7550 (top of the previous correction B), intersecting with the 38.2% Fibonacci correction of the ABC correction (2) from April).
The breakout of the resistance level l 1.7550 accelerated the active intermediate impulse wave (3).
Given the overriding daily uptrend, EURNZD can be expected to rise further toward the next resistance level 1.7800.
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies