• NZDUSD broke key resistance level 0.6250
• Likely to rise to resistance level 0.6440
NZDUSD recently broke the key resistance level 0.6250 (which has been reversing the price from August), intersecting with the 50% Fibonacci correction of the downward impulse from April.
The breakout of the resistance level 0.6250 accelerated the impulse wave 3 of the impulse sequence (C) from the start of November.
NZDUSD can be expected to rise further toward the next resistance level 0.6440 (multi-month high from August, target for the completion of the active impulse wave 3).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- 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…
This website uses cookies