Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of NZD/USD Commodity Currency Pairs, Wednesday September 13, 2023.

parent
Forex Analysis:::2023-09-13T07:42:58

Technical Analysis of Intraday Price Movement of NZD/USD Commodity Currency Pairs, Wednesday September 13, 2023.

Technical Analysis of Intraday Price Movement of NZD/USD Commodity Currency Pairs, Wednesday September 13, 2023.

On the 4 hour chart of NZD/USD commodity currency pairs, there is the appearance of Bullish 123 pattern followed by Bullish Ross Hook as well as the confirmation by the three important levels from CCI indicator which is managed to break above and now stuck around level 0-100, so in the near future, Kiwi has the potential to appreciate rally upside where as long as there is no downside correction below the level 0,5865, then NZD/USD has the potential to rally up to the level 0,5931 as the main target, and if the momentum as well as the volatility is sufficiently supportive, it is possible that the 0.5980 level will be the next level to be tested.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...