NZDUSD Analysis
New Zealand dollar against the US dollar: may fall back to near 0.6499;
1)From the daily chart, the exchange rate lost the middle track support of the Bollinger line overnight, MACD has signs of forming a dead fork, KDJ dead fork is running well, and the short-term exchange rate is biased downward. The initial support is near the low of 0.06559 on September 18, and the support at the low point of September 17 is around 0.6536. If it falls below this position, it may re-test the support near the low of 0.6499. The lower rail support of the Bollinger Band is also Near the location;
- The upper Bollinger Band 0.6602 has been converted into the initial resistance. Before the position is recovered, the market is biased downwards; if the position is accidentally recovered, the short-term bearish signal is weakened; further resistance is at the September 28 high. Near 0.6638
Leave NZDUSD Analysis to:
Best Posts From forexeye
We have not curated any of forexeye's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From forexeye
- AUDUSD Analysis
- USDCAD Analysis
- GBPUSD Analysis
- NZDUSD Analysis
- Australian Dollar Analysis
- EURUSD Analysis
- EURUSD Analysis
- USDJPY Analysis
- EURUSD Analysis
- AUDUSD Analysis
- GBPUSD Analysis
- USD Crude Oil Analysis
- EURUSD Analysis
- NZDUSD Analysis
- USDCAD Analysis
- GBPUSD Analysis
- USDJPY Analysis
- AUDUSD Analysis
- EURJPY Analysis
- EURCHF Analysis