• NZDJPY rising inside impulse wave 5
• Likely to reach resistance level 79.20
NZDJPY continues to rise inside the sharp upward impulse wave 5 – which started earlier with the daily Morning Star from the key support level 75.55 (former powerful resistance from the start of January).
The active impulse wave 3 belongs to the intermediate upward impulse sequence (3) from the middle of December.
NZDJPY is likely to rise further toward the next resistance level 79.20 (top of the impulse wave 3 from the end of February).
- 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