• NZDCAD reversed from support zone
• Likely to rise to resistance level 0.8715
NZDCAD currency pair recently reversed up from the support zone lying between the key support level 0.8625 (former Triple Bottom from June) and the lower daily Bollinger Band.
The upward reversal from this support zone will most likely create the second consecutive candlesticks reversal pattern Piercing Line.
Given the strength of the aforementioned support zone, NZDCAD currency pair can be expected to rise further toward the next resistance level 0.8715 (former low of the minor impulse wave 1 from the end of September).
- 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