Analysis

Intraday Elliottwave Analysis: NZDUSD, one touch 0.6844/26 is likely

NZDUSD closed below the uptrend line from 2015.

If 0.6844/26 could hold the price, will look to sell rallies toward 0.6936/65 next week.

For now we'll try some short term scalping trade from either side.

Daily support     Levels: 0.6845 0.6838 0.6830 0.6825 0.6817 

Daily resistance Levels: 0.6865 0.6877 0.6889 0.6902 0.6914

Intraday Trade Idea:

Sell Latentinterest Order:   0.6895

Buy  Latentinterest Order:  0.6830

Click on the image to enlarge

We provide Daily FX Report, Trade Copy, Email Alert and MT4 EA Rental. Free trial and 30 Days Money Back policy will be valid forever!. All the services could be Free

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.