Nice wave analysis on NZDUSD and there may be bullish bias as you have identified. For our set up, we have identified the key resistance and support levels.The support that we have identified is at 0.6695. It is a horizontal overlap support with 100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement. Stochastic is bounced off its support at 6% where a corresponding rise could occur. If a rise does occur, we may want to look at the 0.6695 resistance level. It is a horizontal swing high resistance with 61.8% Fibonacci retracement. Looking forward to seeing how things develop.
Please have a look at our idea and share with us what you think.
Please have a look at our idea and share with us what you think.