• NZDUSD broke resistance level 0.6145
• Likely to rise to 0.6300
NZDUSD recently broke through the resistance level 0.6145 (which stopped the previous waves A and (b)) intersecting with the lower trendline of the wide down channel from the start of 2019.
The breakout of the resistance level 0.6145 also coincided with the breakout of the 50% Fibonacci correction of the previous downward impulse wave (3) from December.
NZDUSD is likely to rise further in the active impulse wave C toward the next resistance level 0.6300.
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies