Main Quotes Calendar Forum
flag

FX.co ★ NZDUSD reversing from 1st resistance, facing bearish pressure!

parent
Forex Analysis:::2021-07-30T03:25:28

NZDUSD reversing from 1st resistance, facing bearish pressure!

NZDUSD has reversed from 1st resistance of 0.70193, in line with 100% Fibonacci extension. Prices are expected to fall to 1st support of 0.68809, in line with 127,2% Fibonacci retracement and 127.2% Fibonacci extension. Prices may rally towards 2nd resistance of 0.70940, in line with 161.8% Fibonacci retracement. Indicator supports a bearish view.

NZDUSD reversing from 1st resistance, facing bearish pressure!

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...