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2021/05/20 Market Analysis

Authored by TD Markets
20.05.2021
Market Analysis
0
1 min

AUDNZD

AUDNZD rallied up 27 pips from the break of the resistance zone. The market is currently testing the trendline and a few pips from the next high. 

EURNZD

EURNZD rallied up 120 pips to complete the setup however there's a lot of upside momentum as the bulls look to continue the leg to the upside.

NZDCAD

NZDCAD rallied down 49 pips and is still looking bearish. A break and close below the previous low will see the market dropping further

Authored by TD Markets
20.05.2021
Market Analysis
0
1 min

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