– NZDJPY reversed from resistance level 92.00
– Likely to fall to support level 90.40
NZDJPY currency pair recently reversed down from the resistance level 92.00, which is the upper boundary of the narrow sideways price range inside which the pair has been moving from September.
The resistance level 92.00 was strengthened by the upper daily Bollinger Band and by the nearby 61.8% Fibonacci correction of the downward impulse from July.
NZDJPY currency pair can be expected to fall to the next support level 90.40 (lower boundary of the aforementioned price range).
- 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