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New Zealand Dollar / U.S. Dollar
Short

NZDUSD approaching major area of resistance!

By Tickmill
Broker
We can see NZDUSD approaching a major area of resistance from 0.7040 to 0.7080 (Multiple Fibonacci retracements, Fibonacci extension, horizontal overlap resistance). A possible reaction could occur from here with the next major level of support at 0.6823 (Fibonacci extension, horizontal swing low support). Our next level of major resistance is at 0.7214 (Fibonacci retracement, horizontal swing high resistance).

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audAUDUSDChart PatternsForexforexsignalsHarmonic PatternsNZDNZDUSDnzdusdshortTrend AnalysisUSD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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