• NZDUSD reversed from support zone
• Likely to rise to resistance level 0.7100
NZDUSD recently reversed up with the daily candlestick pattern Piercing Line from the support zone lying between the key support level 0.6945 (former multi-month low from March) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous sharp downward impulse (C).
NZDUSD can then be expected to rise further toward the next resistance level 0.7100 (former monthly low from May).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies