EUR/GBP stays near a key support zone
EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart…
NZD/CHF reversed from resistance zone
- NZD/CHF reversed from resistance zone
- Next sell target - 0.7030
NZD/CHF recently reversed down from the resistance zone lying between the powerful, multi-month resistance level 0.7090 (which stopped the previous sharp A-wave in January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous minor impulse wave C. NZD/CHF is expected to fall toward the next sell target at the next support level 0.7030 (former resistance from the start of April).
Dmitry Chernovolov
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Morning brief for May 30
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
CHF/JPY broke powerful resistance level 115.15
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