NZD/USD clean break of 0.6500 support seen, sell rallies

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
325 1 9
NZD/USD             bear signs upped on clean break of 0.6500 support, price action dives below the cloud

Test of 0.6420 levels likely after global dairy auction to be held early on Wed. Dairy prices were down for the 2nd consecutive auction earlier this month and dairy futures suggest a 10 percent fall at Wednesday's auction

Immediate resistance for the pair is seen at 0.6511 (Daily cloud top) and support is located at 0.6436 (Oct 6 lows)

Recommendation: Good to sell rallies around 0.6475, SL: 06545, TP1: 0.6435, TP:2: 0.6380

Resistance Levels:

R1: 0.6511 (Daily cloud top)

R2: 0.6515 (5 DMA)

R3: 0.6535 (10 DMA)

Support Levels:

S1: 0.6436 (Oct 6 lows)

S2: 0.6430 (Daily Low Oct 5)

S3: 0.6385 (Daily Low Oct 2)
Thanks :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out