Hong Kong
2024-12-23 18:34
IndustryNZD/USD: Needs to stay below here to stay bearish
At the moment, NZDUSD is testing resistance at 0.5660, and if the price stays below this level, it will be a downtrend for a while to the next target at 0.5560 and then 0.55. If NZDUSD is able to rise above 0.5660, it is likely to test 0.5790 before falling back.
Today I expect NZD/USD to trade between 0.56 and 0.57.
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NZD/USD: Needs to stay below here to stay bearish
Hong Kong | 2024-12-23 18:34
At the moment, NZDUSD is testing resistance at 0.5660, and if the price stays below this level, it will be a downtrend for a while to the next target at 0.5560 and then 0.55. If NZDUSD is able to rise above 0.5660, it is likely to test 0.5790 before falling back.
Today I expect NZD/USD to trade between 0.56 and 0.57.
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