• GBPNZD reversed from resistance level 1.9140
• Likely to fall to support level 1.8925
GBPNZD recently reversed down from the major resistance level 1.9140 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger band and the 50% Fibonacci correction level of the downward impulse (i) from October.
The resistance level 1.9140 was further strengthened by the resistance trendline of the daily down channel from August.
GBPNZD is expected to fall further toward the next support level 1.8925. Strong resistance remains at the resistance level 1.9140.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies