NZDUSD Forex Analysis - Weekly Double Top Targeting 0.5868

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZDUSD weekly, daily, and 15-minute charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZDUSD weekly, daily, and 15-minute charts.

Price has rallied back to the 0.6191 - 0.6204 weekly/monthly resistance area.

Watching for a final retest and failure at this resistance area for a further decline.

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ACY Securities
Type: STP, ECN, Prime of Prime, Pro
Regulation: ASIC (Australia), FSCA (South Africa), FSA (SVG)
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Technical Outlook on USD/JPY, NZD/USD, GOLD

Technical Outlook on USD/JPY, NZD/USD, GOLD

USD/JPY jumps to 160 as rate hike bets strengthen and US-Iran military attacks resume. NZD/USD tests key support as RBNZ expected to increase rates again. Gold gives up gains as geopolitical risks and Fed rate hike outlook favor the dollar.
XM Group | 4 days ago