GBPNZD recently reversed up from the key support area lying between the long-term support level 1.8620 (previous monthly low from January) and the lower daily Bollinger Band.
The upward reversal from this support area started the earlier short-term impulse wave (iii) – which belongs to the multi-month upward impulse sequence from last year.
GBPNZD is expected to rise further and re-test the next resistance level 1.90000 (former strong support from February, March and June).
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
This website uses cookies