• NZDUSD reversed from support level 0.6735
• Likely to rise to resistance level 0.6850
NZDUSD currency pair recently reversed up from the key support level 0.6735 (the former monthly low from March), strengthened by the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February.
The upward reversal from the support level 0.6735 will , most likely, form the daily Morning Star – a strong bullish signal for NZDUSD.
NZDUSD can be expected to rise further in the active impulse wave (3) toward the next resistance level 0.6850.
- 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