NZD/USD: Price is in a Down Fibonacci ABCD swing with the D extension at

Tian Kriek

Analyst


August 30, 2023 05:00 AM

BEARISH

Daily Trading Range:
NZD/USD: Price is in a Down Fibonacci ABCD swing with the D extension at 0.5458. Immediate Support is the 1 Hour D extension at 0.5923. Keep an eye on the latest Jobs figures from the USA as the DXY influences the movement of the NZDUSD. Weaker Jobs in the USA means price could retrace on the NZD USD to 0.6529   Free access to this chart and analysis. The following link should be copied and pasted into your browser: https://smartrader.com/ideas/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.7150
Resistance 2: 0.7440
Resistance 1: 0.7500
Current Price 0.5942
Support 1: 0.5400
Support 2: 0.5200
Support 3: 0.5000

Two Hour Chart

Two Hour Chart
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