Key Zones Resistance Zones: 0.74700, 0.73800, 0.72900Supply Zones: 0.72000, 0.71400, 0.70020NZDUSD has been all about correcting the bearish spike it had on 23rd March 2021. This is successfully achieved on the 14th of April 2021. The price has since returned to its previous playing field between …
Forex Strategies
EURUSD Breaks Out Eventually
EURUSD Key Zones Resistance Level:1.23500, 1.22500, 1.21500Support Level: 1.20600, 1.19900, 1.18500EURUSD failed to break out of the descending trend line upon the third touch. It bounced lower off the bearish trend line on the 29th of April. Price drive was bearish for the next few days till it …
EURCHF Is Poised to Continue Bullish Momentum
EURCHF Key Levels Support: 1.09200, 1.08730, 1.07800Resistance: 1.10000, 1.11000, 11500EURCHF has been on a gentle downtrend since a major bullish price break-out on the 23rd of February 2021. The break-out occurred after a period of prolonged market ranging, stretching far back as 9th November …