AB_de_Villiers17
Long

NZD/USD still on major support, remain bullish 12.04.2017:1h

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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15
Price is testing major support at 0.6949 ( Fibonacci retracement , horizontal overlap support, bullish divergence ) and we remain bullish above this level for a push up towards 0.7092 resistance ( Fibonacci retracement , horizontal overlap resistance). Stochastic (34,5,3) is seeing strong support above 6.69% and also displays bullish divergence vs price signalling that a bounce is impending.

Buy above 0.6949. Stop loss at 0.6884. Take profit at 0.7092.

Comments

hi AB would u enter blindly now at this level? or wait for some price action, i see some also mention this is leg D level of an advanced pattern. waiting to go long.. tx Shane
Reply
@Rossouw, yes good buy here
Reply
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