
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
NZD/USD continues to fall sharply after the earlier downward reversal from the resistance zone lying between the key resistance level 0.7370, upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward ABC correction (2) from July. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star. NZD/USD is expected to fall to the next sell target at the next support level 0.7130 (low of the previous correction (2)).
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.