NZDUSD Faces Strong Support Near 0.5582

17 בינו׳

NZDUSD Faces Strong Support Near 0.5582

NZDUSD has confirmed for the third time that 0.5582 is a very strong zone. Considering that the economic calendar will be almost empty in the second part of the day, there will be no significant events to push the price below this zone, thus increasing the chances for NZDUSD to benefit, at least in the short term.

If the price holds above 0.5582, it should rise to 0.5620, where it will face its first minor resistance zone. In the best scenario, it may extend up to 0.5640 today, though this is more likely to happen next week.

It is better not to keep this trade open over the weekend.

You may find more details in the chart!
Thank you and Good Luck!

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17 בינו׳

הערה

NZDUSD - near to the first target and may rise more during the coming hours

20 בינו׳

עסקה סגורה: היעד הושג

20 בינו׳

הערה