easyMarkets

NZDUSD approaching resistance, potential drop!

Short
FX:NZDUSD   Dollaro neozelandese / Dollaro
NZDUSD is approaching our first resistance at 0.6617 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.6544 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89) is also approaching resistance a reaction off this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.



Come join us today at : www.easymarkets.com/
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.