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NZDUSD is inside a range box

NZDUSD is inside a range box. The upper and lower levels of the range box are 0.7510 and 0.6815 respectively. The pair is falling towards the lower level.
Main support and resistant levels are
0.7510
0.6815
Day Chart
Week Chart
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mrlfx 25 May

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mrlfx 25 May

NZDUSD is actually tracing a falling wedge instead of  a loose rangebox. The pair is likely to fall towards the  lower trendline of the wedge.

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mrlfx 21 Jun



The pair is falling faster then expected. But it could still correct to mellow the fall.

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USD/MXN will consolidate

USD/MXN is likely to consolidate and trace a rangebox. The pair is currently moving criss cross at 38.2% (19.2109) Fibonacci Levels.
Fibonacci Retracement Levels are
1005 (22.0091)
61.8% (20.2794)
50% (19.7451)
38.2% (19.2109)
23.6% (18.5498)
0% (17.4812)
Daily Chart
Week;y Chart
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