NZDUSD recently reversed up sharply from the support area lying between the long-term support level 0,6200 (which stopped the sharp weekly downtrend in the middle of 2015) and the lower weekly Bollinger Band.
The upward reversal from this support area stopped the previous impulse wave (iii) from last month.
NZDUSD is expected to rise further and retest the next resistance level 0.6400 (top of the previous weekly corrective wave (ii) from September).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies