NZDUSD: ⬇️ Sell
– NZDUSD reversed from the resistance level 0.6020
– Likely to fall to support level 0.5800
NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (former top of wave 2 from November) intersecting with the 61.8% Fibonacci correction of the downward impulse from September.
The downward reversal from the resistance level 0.6020 started the active intermediate impulse wave (3).
Given the overbought daily Stochastic, NZDUSD currency pair can be expected to fall to the next support level 0.5800, the former resistance from March and the target for the completion of the active impulse wave 1.
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
This website uses cookies