NZDUSD Broke Past Major Support, Potential Further Drop!

NZDUSD broke out of its major support at 0.6585 where it could potentially fall further to its support at 0.6465 (61.8% Fibonacci extension, horizontal swing low support).
Ichimoku cloud shows signs of bearish pressure.
Chart PatternsHarmonic PatternsTrend Analysis

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

Disclaimer