The NZDUSD found support defined by a technical target and has retraced to a technical level. Want to know what they are and why? |
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Home › Videos › 4) FX Trends › 4.) Forex Live › NZDUSD support and resistance has been set against technical levels.What are they and why?
Published on April 2, 2024
The NZDUSD found support defined by a technical target and has retraced to a technical level. Want to know what they are and why? |
2024-03-18
That is the good news for the USDCHF. The not so good news is the range is still very narrow, but buyers are still in control.
2024-03-15
The USDCHF is higher on the week, but is correcting lower today. The correction has been testing a point area between 0.8818 and 0.8825. In the short term hold that level and the buyers are in firm control.
2024-03-14
The USDCHF moves above its 200-hour MA and 100-bar MA on the 4-hour chart between 0.8799 and 0.8803. Stay above is more bullish going forward.
2024-03-13
The NZDUSD has resistance at the 100-hour MA at 0.61669, and the low of a swing area at 0.61487
2024-03-12
AUDUSD back below 38.2% target at 0.66059 gives sellers the control.
2024-03-11
EURUSD sellers maintain control with slight downside movement, awaiting potential break below key support level
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