• NZDUSD reversed from support zone
• Likely to rise to resistance level 0.7050
NZDUSD currency pair recently reversed up from the support zone lying between the support level 0.6915 (which has been reversing the price from the start of July) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous medium-term impulse wave (C).
Given the bullish RSI divergence – NZDUSD currency pair can be expected to rise further toward the next resistance level 0.7050.
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies