NZDUSD under the bearish pressure after the earlier breakout of strong support area lying between the support level 0.6530 and the support trendline of the daily up channel from the start of October.
The breakout of this support area should accelerate the active short-term impulse wave 3 – which belongs to the sharp impulse wave (3) from December.
NZDUSD is likely to fall further toward the next support level 0.6450 (former monthly high from November and the target for the completion of the active impulse wave 3).
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