Minor operational scale (daily time frame)
In the second month of spring - what will happen with the "raw" currencies AUD/USD, USD/CAD, and NZD/USD? Overview of the development of the traffic movement from April 4, 2020.
Australian Dollar vs US Dollar
Testing and direction of the range breakdown:
It will determine the development of the movement of the Australian dollar AUD/USD from April 4, 2020.
Sequential breakdown of support levels:
Confirm the development of the movement of the Australian dollar in the channel 1/2 median line minute (0.6000 - 0.5860 - 0.5730) with the prospect of reaching the minimum price of 0.5510.
When sharing the breakdown of the median lines (resistance of 0.6100) and median line minor (0.6130) - option of the movement AUD/USD to the upper limit of ISL61.8 (0.6240) zone equilibrium fork operational scale minute and channel borders 1/2 median line (0.6275 - 0.6380 - 0.6490) fork operational scale minor.
The markup of the AUD/USD movement options from April 4, 2020, is shown on the animated chart.
US Dollar vs Canadian Dollar
From April 4, 2020, the development of the movement of the Canadian dollar USD/CAD will be determined by the development and direction of the breakdown of the equilibrium zone (1.4000 - 1.4140 - 1.4300) operating scale pitchfork minute - markup for working out these levels is shown on the animated chart (opens in a separate tab).
If the resistance level of 1.4300 is the upper bound ISL38.2 zone equilibrium fork operational scale minute - to achieve the Canadian dollar, the channel borders 1/2 median Line (1.4370 - 1.4490 - 1.4610) fork operational scale minute.
A breakdown of the support level of 1.4000 - the lower limit of ISL61. 8 of the balance zone of the minute operating scale forks - will determine the development of the USD/CAD movement within the boundaries of the balance zone (1.4000 - 1.3840 - 1.3680) and channel 1/2 median line (1.3740 - 1.3610 - 1.3480) a fork of the minor operating scale.
The markup of the USD/CAD movement options from April 4, 2020, is shown on the animated chart.
New Zealand Dollar vs US Dollar
The development of the movement of the New Zealand dollar NZD/USD from April 4, 2020, will depend on the development and direction of the breakdown of the 1/2 median line channel (0.5750 - 0.5860 - 0.5970) operating scale pitchfork minute - details of working out the boundaries of the channel 1/2ML minute are shown on the animated chart.
Breakdown of the support level 0.5970 - the lower border of the channel 1/2 median line in the operating scale of the minute - the continuation of the downward movement of the New Zealand dollar to the goals:
In the breakdown of the resistance level of 0.5970 - the upper border of the channel 1/2 median line fork operational scale minute - the movement of NZD/USD will be continued within the equilibrium zone (0.5925 - 0.6070 - 0.6210) fork operational scale minute and channel 1/2 median line (0.6180 - 0.6270 - 0.6360) fork operational scale minor.
Marking options for the movement of NZD/USD from April 4, 2020, look at the animated chart.
The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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