• NZDCAD reversed from resistance area
• Likely to fall to support level 0.9400
NZDCAD currency pair just reversed down from the resistance area set between the resistance level 0.8850 (top of wave 2), upper daily Bollinger Band and the 50% Fibonacci correction of the previous wave (C).
The downward reversal from this resistance area will most likely form, the daily Evening Star – if the pair closes today near the current levels.
NZDCAD can then be expected to fall further toward the next support level 0.8665 (former minor support from the start of May).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies
