GBPNZD recently reversed up from the support zone lying between the round support level 2.000 (former monthly high from May and September) and the 50% Fibonacci correction of the previous upward impulse (i) from October.
The upward reversal from this support zone started the active short-term impulse wave (iii).
GBPNZD is expected to rise further and retest the next resistance level 2.0400 – followed by 2.0500.
- EURAUD under bearish pressure - Likely to fall to support level 1.6125 EURAUD currency…
- GBPUSD reversed from support level 1.2840 - Likely to rise to resistance level 1.3050…
Bitcoin has reached all-time highs, hitting over $76K, with a projected rise to $100K in…
The dollar index rallied on the US presidential election results, picking its way up after…
Gold lost over 3% on Wednesday and now evaluating an important support line at the…
The US stock market experienced a rally after the presidential election results, with several key…
This website uses cookies
