NZDUSD Analysis - The Previous Support Zone at 0.6740 Is Likely to Turn Into a Resistance Zone NZDUSD previous support zone is likely to turn into a resistance zone at 0.6470. The market created a resistance zone at $0.7200 above several consecutive bullish candles. The resistance that formed on …
Forex Strategies
Break and Retest of Trend Line Is Visible on EURUSD Market
EURUSD Market Analysis - The Market Is Faced With a Break and Retest of Its Trend Line A break and retest of the trend line is visible on the EURUSD market. The market experienced a reversal on May 25, 2021, after climbing a trend line. The turnaround was characterized by a head and shoulders …
EURCHF Gives Rise to a Withdrawal in the Bearish Market
Price Analysis - EURCHF Gives Rise to a Withdrawal to 1.05130 in the Bearish Market EURCHF gives rise to a withdrawal to 1.05130 in a bearish orientation. The market makers are willing to have a retest at a significant level of 1.05130 before ultimately pushing the price to continue in a downtrend …
