• NZDJPY reversed from resistance level 86.60
• Likely to fall to support level 85.00
NZDJPY currency pair recently reversed down from the key resistance level 86.60 (which has been stopping all upward impulses since the end of April), coinciding with the upper daily Bollinger Band.
The downward reversal from the resistance level 86.60 started the active minor correction (ii).
NZDJPY can be expected to fall further toward the next support level 85.00 (former resistance 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