0 0

September 24, 2020 at 03:21PM

• NZDUSD broke support zone

• Likely to fall to 1.9750

NZDUSD recently broke the support zone lying between the support level 0.6600 and the support trendline from the end of June.

The breakout of this support zone accelerated the active short-term ABC correction 4 from the start of September.

Given the strongly bullish USD sentiment – NZDUSD is expected to fall further toward the next support level 1.9750 (monthly low from August and the likely price for the completion of the active wave 4).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/nzdusd-wave-analysis-24-september-2020-20200924/
Selected by fonecable.com

euro
Search Web: NZDUSD Wave Analysis 24 September, 2020

Recent Posts

euro

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *