– GBPNZD reversed from key resistance level 2.0855
– Likely to fall to support level 2.0500
GBPNZD currency pair recently reversed down from the key resistance level 2.0855, intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level 2.0855 stopped the intermediate impulse wave (3) from the middle of this month.
Given the strength of the resistance level 2.0855, GBPNZD currency pair can be expected to fall further toward the next support level 2.0500 (low of the previous corrections 4 and (2)).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies