NZDUSD, Daily
NZDUSD tests the crucial support at the 0.5860 level.
The price breaches below the Bollinger Band, while the Stochastic oscillator and %R are in the oversold zone, giving a signs of reconery.
- If the price bounces from the 0.5860, it will rise to 0.6050 level.
- However, if NZDUSD breaks below the support zone, the asset may fall to 0.5530.
