The market saw a strong rejection from a pivotal resistance area at 0.6113/30 as expected, per Credit Suisse. Key quotes NZD/USD has also seen a sharp downturn from a pivotal resistance area beginning at 0.6113/31, in line with the large bear ‘triangle’ pattern that remains in place and the recently established intra-day top.” “We remain biased lower and see support initially at 0.5940, ahead of 0.5920. More important support is seen thereafter at 0.5851/44, where we would expect to see fresh buying at first.” “Resistance is seen initially at 0.5976, then 0.6106/09, ahead of 0.6130/31, which ideally caps again if reached.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Price Analysis: Remains vulnerable near multi-week lows, around 0.8700 mark FX Street 2 years The market saw a strong rejection from a pivotal resistance area at 0.6113/30 as expected, per Credit Suisse. Key quotes NZD/USD has also seen a sharp downturn from a pivotal resistance area beginning at 0.6113/31, in line with the large bear ‘triangle’ pattern that remains in place and the recently established intra-day top.” “We remain biased lower and see support initially at 0.5940, ahead of 0.5920. More important support is seen thereafter at 0.5851/44, where we would expect to see fresh buying at first.” “Resistance is seen initially at 0.5976, then 0.6106/09, ahead of 0.6130/31, which ideally caps again if… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
