• NZDCAD reversed from resistance level 0.8280
• Likely to fall to support level 0.8065
NZDCAD currency pair earlier reversed down from the key resistance level 0.8280 – standing close to the 61.8% Fibonacci correction of the downward impulse from May.
The downward reversal from the resistance level 0.8280 started the active short-term downward impulse wave (iii).
Given the clear daily downtrend, NZDCAD can be expected to fall further toward the next support level 0.8065 (which has been reversing the pair from May).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies