NZDCAD today reversed up from the support area lying between the pivotal support level 0.8920 (which has been reversing the price from the end of November), 100-day moving average, lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse (1) from October.
The upward reversal from this support area stopped the earlier impulse wave C of the active ABC correction (2) from December.
NZDCAD is expected to rise further and re-test the next resistance level 0.9100 (top of the previous waves (iv), (a) and B).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
