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nzdusd

NZDUSD potential for further drop, but require a recovery first.

NZDUSD has continued to drop strongly since yesterday. It could potentially drop further from here but we would need to see some sort of recovery first towards 1st major resistance at 0.7276...

NZDUSD testing major support once again!

NZDUSD is testing major support once again at 0.7278 (Fibonacci retracement, fibonacci extension, horizontal overlap support) and a bounce could occur at this level to push price up to at least 0.7346...

NZDUSD has bounced nicely, potential for another bounce!

NZDUSD has bounced up really nicely from our major support and is now back down to test it again at 0.7306 (50% Fibonacci retracement, 61.8% Fibonacci retracement, Fibonacci...

NZDUSD testing another strong support with a potential for a bounce!

NZDUSD is testing major support at 0.7306 (50% Fibonacci retracement, 61.8% Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a bounce could occur above...

NZDUSD testing major support, prepare for a potential bounce!

NZDUSD is testing our major support at 0.7336 really nicely (multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 0.7428...

NZDUSD has reached our resistance target, potential upcoming drop!

NZDUSD has bounced up perfectly from our 1st support and reached our major resistance from Friday. We’re now seeing major resistance at 0.7276 (Fibonacci retracement, horizontal overlap resistance,...

NZDUSD testing major support, upcoming potential bounce!

NZDUSD is testing major support at 0.7185 (Fibonacci retracement, horizontal overlap support, Elliott wave structure) and a strong bounce could occur at this level to drive price up to at least 0.7276...

NZDUSD hovering above major support, watch for a bearish break!

NZDUSD is hovering nicely above major support at 0.7276 (Fibonacci retracement, horizontal swing low support) and a break of this level could trigger a mega drop towards 0.7184 support (Fibonacci...

NZDUSD approaching channel support once again, potential bounce

NZDUSD is approaching major support once again at 0.7239 (channel support, 50% Fibonacci retracement, horizontal swing low support) and a bounce could occur at this level pushing price up...