NZD/USD broke support level 0.718

NZD/USD broke support level 0.718

  • NZD/USD broke support level 0.718
  • Next sell target - 0.7000

 NZD/USD recently broke the support level 0.7180 (which is the lower boundary of the sideways price range inside which the pair has been trading from January, as can be seen below). The breakout of the support level 0.7180 should strengthen the bearish pressure on this currency pair in the coming trading sessions. NZD/USD is expected to fall toward the next sell target at the next round support level 0.7000. Strong resistance now stands at 0.7180.

nzd

Similar

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera