📊 NZD/USD Technical Analysis Based on Elliott Waves
The NZD/USD market is in a short- and mid-term uptrend and is currently completing its fifth Elliott wave.
📍 Key Support Level: 0.56880
✅ As long as this level holds, the price can continue its bullish movement toward 0.58000.
🔹 If this support level is broken, the Elliott wave structure may change. So, always consider risk management!
📊 What’s your view on this analysis? Do you agree with this outlook? Share your thoughts in the comments! 👇
The NZD/USD market is in a short- and mid-term uptrend and is currently completing its fifth Elliott wave.
📍 Key Support Level: 0.56880
✅ As long as this level holds, the price can continue its bullish movement toward 0.58000.
🔹 If this support level is broken, the Elliott wave structure may change. So, always consider risk management!
📊 What’s your view on this analysis? Do you agree with this outlook? Share your thoughts in the comments! 👇
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.