NZDUSD Weekly analysis
As expected last week, the price tested the 0.7046 resistance area multiple times and head to the downward direction.
As the market now is closed and the price rests at 0.69418, I expect the price to test the broken support turned resistance area of 0.69637
Now those who were not able to enter the market can look an opportunity to enter at the price around 0.69637 and the first target will be at 0.68187
The next target will be 0.67808
As the market now is closed and the price rests at 0.69418, I expect the price to test the broken support turned resistance area of 0.69637
Now those who were not able to enter the market can look an opportunity to enter at the price around 0.69637 and the first target will be at 0.68187
The next target will be 0.67808
Penafian
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