NZDUSD_2H
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Analysis of the main currency pairs of the New Zealand dollar
This analysis is based on Elliott waves and in a 2-hour and short-term time frame
The market is in a corrective and downward trend, which is currently within the range of the 5-wave triangle, and the breakdown of the downward triangle line can continue to fall. (C wave ceiling is important for this analysis and as long as the price stays below this ceiling, this analysis is valid)
The main and important resistance is 0.62800
Target and support range of 0.61200
Analysis of the main currency pairs of the New Zealand dollar
This analysis is based on Elliott waves and in a 2-hour and short-term time frame
The market is in a corrective and downward trend, which is currently within the range of the 5-wave triangle, and the breakdown of the downward triangle line can continue to fall. (C wave ceiling is important for this analysis and as long as the price stays below this ceiling, this analysis is valid)
The main and important resistance is 0.62800
Target and support range of 0.61200
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