NZDUSD continues to fall inside the short-term impulse wave 3 – which started earlier from the resistance area lying between the key resistance level 0.6940 (which reversed wave (2) in December), upper daily Bollinger Band and the resistance trendline of the daily up channel from January.
The price recently broke the aforementioned up channel – which accelerated the active impulse wave 3 – which belongs to wave (3) from December
NZDUSD is expected to fall further and re-test the next round support level 0.6700 (low of the previous correction from January).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
