NZDCHF recently reversed down from the resistance area lying between the round resistance level 0,600 (which stopped the price in March), upper daily Bollinger Band and the 61.8% Fibonacci retracement of the previous extended impulse wave 1 from December.
The downward reversal from this resistance area stopped the previous short-term impulse wave (c).
NZDCHF is expected to fall further toward the next support level 0.5990 (which stopped the previous minor waves (a) and (b)).
- 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…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies
