GBPNZD recently reversed down from the resistance area lying between the powerful resistance level 2.055 (which stopped the sharp uptrend in October) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous short-term impulse wave (iii).
Given the overbought daily Stochastic and the strong Sterling bearishness seen today – GBPNZD is likely to fall further toward the next support level 2.0380.
- Brent crude oil reversed from key support level 81.00 - Likely to test resistance…
- Silver broke multi-year resistance level 29.50 - Likely to reach resistance level 32.00 Silver…
The US dollar is not giving up without a fight, gaining for the second day…
Silver climbed above $29.8, rewriting the highs from January 2021, but once again faced selling…
Market picture The crypto market cooled off on Thursday afternoon, but on Friday morning, buyers…
- Amazon reversed from resistance level 190.00 - Likely to fall to support level 180.00…
This website uses cookies