NZDUSD recently broke the resistance area lying between the key resistance level 0.6660 (which reversed the price in June and April) and the 38.2% Fibonacci correction of the previous downward impulse from March.
The breakout of this resistance area accelerated the active impulse wave 3 from the middle of June – which belongs to wave (3).
NZDUSD is expected to rise further and retest the next resistance level 0.6750 (former support from March).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
