EUR/NZD has been trading in a bearish tone since January 3rd session, but so far it’s consolidating above the 200 SMA, at which is currently finding sellers…
Daily Market Analysis
There isn't any reversal pattern so far, so the price is likely going to continue moving down...
We could have a correction in the coming hours towards the nearest support area, which is likely going to be...
It seems like bulls are going to reach the next resistance at 1.3612 - 1.3656 in the coming hours...
The main intraday target is the next resistance at 1.2164. If a pullback from this level happens...
GBP/NZD broke support area Next sell target - 1…
NZD/USD broke resistance zone Next buy target - 0…
The pair is likely going to test the lower "Window" and the 89 MA in the short term...
We should keep an eye on the closest support area as an intraday target...
The main intraday target is the next support at 1.1884 - 1.1875. If a pullback from this area happens little later on...
CAD/JPY reversed from resistance zone Next sell target - 87…
GBP/JPY reversed from resistance zone Next sell target - 149…