Although now the NZD is the strongest currency, after a sharp fall we can expect a bounce at this level. The price has already tested the PRZ and reacted well. We have also and extreme RSI suggesting a pullback (see back). The targets coincide well with the 0.38 and 0.61 fib and previous levels of S/R Best Regards.
Comments
MuathAlBulbul
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Hello, nice trade!
Do you advise shorting the pair now?
FullTimeTrader
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Hello, i expect the continuation of the bullish trend on D1.
Better to wait for a retracement on H4 to enter a BUY in the market.
Do you advise shorting the pair now?