2024-09-27 13:56
业内NZD/USD: May continue to fall
Intraday view:
The NZD/USD pair plunged from 0.6356 to 0.6261 on Wednesday. This sharp drop has accumulated some downside momentum, so the NZD/USD pair may continue to fall today. However, given that prices are already oversold, the NZD/USD pair is unlikely to test the primary support level of 0.6200 (minor support is at 0.6235). Upper resistance levels focus on 0.6290 and 0.6315.
1-3 Weeks View:
The NZD/USD pair fell below our suggested strong support level of 0.6270, indicating that its upward momentum has weakened. We currently maintain a neutral view on the NZD/USD pair and expect it to trade between 0.6200 and 0.6340.
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NZD/USD: May continue to fall
| 2024-09-27 13:56Intraday view:
The NZD/USD pair plunged from 0.6356 to 0.6261 on Wednesday. This sharp drop has accumulated some downside momentum, so the NZD/USD pair may continue to fall today. However, given that prices are already oversold, the NZD/USD pair is unlikely to test the primary support level of 0.6200 (minor support is at 0.6235). Upper resistance levels focus on 0.6290 and 0.6315.
1-3 Weeks View:
The NZD/USD pair fell below our suggested strong support level of 0.6270, indicating that its upward momentum has weakened. We currently maintain a neutral view on the NZD/USD pair and expect it to trade between 0.6200 and 0.6340.
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