• NZDUSD reversed from resistance area
• Likely to fall to 0.6710
NZDUSD recently reversed down from the resistance area lying between the key resistance level 0.6790 (which stopped the previous impulse waves 3 and 5 in September, as can be seen below) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous impulse waves 3 and (3).
Given the overbought daily Stochastic – NZDUSD is likely to fall further toward the next support level 0.6710 (former top of the previous impulse wave 1 from the end of October).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies