FxPro - Analytics

FxPro

761.75 6.25/10
89% of positive reviews
Real

NZDUSD Wave Analysis – 14 December, 2021

NZDUSD Wave Analysis – 14 December, 2021

• NZDUSD reversed from support level 0.6740

• Likely to rise to resistance level 0.6820


NZDUSD currency pair recently reversed up from the key support level 0.6740 (which stopped the previous minor impulse wave 3 with the daily Morning Star).

The upward reversal from the support level 149.00 stopped the earlier short-term impulse wave 5.

Given the oversold daily Stochastic, NZDUSD can be expected to rise toward the next resistance level 0.6820 (top of the earlier short-term correction 4).

NZDUSD Wave Analysis – 14 December, 2021


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree