• NZDUSD broke key resistance level 0.6700 • Likely to rise to resistance level 0.6800 NZDUSD currency pair recently broke the key resistance level 0.6700 (former strong support from the start of December). The breakout of the resistance level 0.6700 coincided with the breakout of the 50% Fibonacci correction of the previous sharp downward impulse […]
• USDCHF reversed from resistance level 0.6855 • Likely to fall to support level 0.6800 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6855 (former monthly low from September), strengthened by the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The downward reversal from the […]
• NZDUSD reversed from pivotal resistance level 0.6840 • Likely to test support level 0.6700 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6840 (former strong support from August) intersecting with the upper Bollinger Band and the 38.2% Fibonacci correction of the downward price impulse from November. The resistance zone near the […]