CAD/CHF broke support area Next sell target 0…
NZD/USD reversed from support area
- NZD/USD reversed from support area
- Next buy target - 0.6950
NZD/USD recently reversed up sharply from the support area lying between the key support level 0.6820 (which has been reversing the price from the end of October) and lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor impulse wave 5. If the pair closes today near the current levels it will form the daily Morning Star. NZD/USD is expected to rise to the next buy target at the next resistance level 0.6950.
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…