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NZDUSD






12/13/2018 12:35:42 AM

NZDUSD - Technical Analysis: Thursday, 13/12/2018 05:35 GMT



Facing 50% Fibonacci correction level that formed strong resistance forces the price to stop the bullish wave, and signals of expected bearish rebound in the coming period.

Breaking 0.6795 will confirm the continuation of the decline towards 0.6650 then 0.6425, while surpassing 0.6910 will push the price for more bullish correction.

 

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Target
Risk


Support
Resistance


Trend Bearish

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