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