• NZDCHF broke support area
• Likely to fall to 0.5900
NZDCHF recently broke sharply below the support area lying between the key support level 0.6010 (which stopped the previous short-term wave (a)) and the 50% Fibonacci retracement of the upward correction 2 from August.
The breakout of this support area accelerated the active short-term impulse waves 3 and (iii).
NZDCHF is likely to fall further toward the next support level 0.5900 (forecast price for the completion of the active minor impulse wave (iii)).
- 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