• NZDCAD reversed from resistance area
• Likely to fall to 0.8500
NZDCAD today corrected down from the resistance area lying between the key resistance level 0.8570 (which stopped the previous waves (A) and B, as can be seen below) and the upper daily Bollinger Band.
The downward reversal from this resistance area is likely to form the daily candlesticks reversal pattern Shooting Star – if the pair closes today near the current levels or lower.
NZDCAD is likely to fall further toward the next support level 0.8500 (yesterday’s low).
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
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