Sunday 26 January 2020

NZDUSD: Upside Correction? 26-Jan-2020

CMP: 0.6606; Res: 0.6628/0.6755; Sup: 0.6578

Break of 0.6578 more down.

Scenario 1: If 0.6578 supports and a break of 0.6628, we can see 0.6645, 0.6663, 0.6686, 0.6702.
Scenario 2: Reversal from 0.6680-0.6713 and if 0.6755 resists, we can see 0.6578 again and further 0.6507, 0.6470...

Break of 0.6755 next up move as wave 5.

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