EURNZD recently reversed down from the resistance area lying between the key resistance level 1.8270 (which stopped the previous corrections (ii) and B) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous short-term corrective wave (iv) – which belongs to wave C from April.
EURNZD is expected to fall further toward the next support level 1.7685 (low of the previous impulse wave (iii) from last month).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies