• NZDUSD broke key support level 0.6410
• Likely to fall to support level 0.6300
NZDUSD currency pair under the bearish pressure after the price broke the key support level 0.6410 (which reversed the price sharply at the start of this month).
The breakout of the support level 0.6410 accelerated the active impulse waves 3 and (3).
Given the clear daily downtrend – NZDUSD currency pair can be expected to fall further toward the next support level 0.6300 (target price for the completion of the active wave (3)).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
This website uses cookies