NZDUSD Faces Strong Support Near 0.5582
NZDUSD Faces Strong Support Near 0.5582
NZDUSD has confirmed for the third time that 0.5582 is a very strong zone. Considering that the economic calendar will be almost empty in the second part of the day, there will be no significant events to push the price below this zone, thus increasing the chances for NZDUSD to benefit, at least in the short term.
If the price holds above 0.5582, it should rise to 0.5620, where it will face its first minor resistance zone. In the best scenario, it may extend up to 0.5640 today, though this is more likely to happen next week.
It is better not to keep this trade open over the weekend.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NZDUSD has confirmed for the third time that 0.5582 is a very strong zone. Considering that the economic calendar will be almost empty in the second part of the day, there will be no significant events to push the price below this zone, thus increasing the chances for NZDUSD to benefit, at least in the short term.
If the price holds above 0.5582, it should rise to 0.5620, where it will face its first minor resistance zone. In the best scenario, it may extend up to 0.5640 today, though this is more likely to happen next week.
It is better not to keep this trade open over the weekend.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Nota
NZDUSD - near to the first target and may rise more during the coming hours
Trade chiuso: obiettivo raggiunto
Nota
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.