empty
25.11.2022 01:38 PM
NZDUSD Potential for Bearish Drop | 25th November 2022

This image is no longer relevant

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance line at 0.63525, where the 88% Fibonacci line is. Alternatively, the price may head back down and retest the 1st support at 0.62044, where the previous swing high is located.

Trading Recommendation

Entry: 0.62044

Reason for Entry:

1st support line

Take Profit: 0.63525

Reason for Take Profit: 1st resistance line

Stop Loss: 0.60637

Reason for Stop Loss:

2nd support

Dean Leo,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback