NZDUSD extends bearish trend to a four-month low Resistance near 0.6000; support seen at 0.5980 Following two weeks of losses, NZDUSD is now aiming to find a firm footing around 0.6000, having dropped to a four-month low of 0.5984. The latest bearish wave has re-activated the downtrend from December’s peak of 0.6368. Overcoming the 61.8% Fibonacci retracement of […]
AUD/USD is moving higher and might rally if it clears 0.6725. NZD/USD is also rising and could extend its increase above the 0.6255 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a fresh increase above the 0.6680 and 0.6695 levels against the US Dollar. There is a […]
The post AUD/USD and NZD/USD Eye Key Upside Break appeared first on Action Forex.
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