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T3-Consultancy

NZDUSD H1: Bullish outlook seen, further upside above 0.6250

Long
New Zealand Dollar / U.S. Dollar (FOREXCOM:NZDUSD)  
T3-Consultancy  
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD NZD USD nzdusdlong nzdusdshort Forex forextrading forexsignals
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On the H1 time frame, prices are holding above an ascending channel where a throwback to the 0.6250 support zone, in line with the Fibonacci confluence levels could provide an opportunity to play the bounce to the resistance target at 0.6350, in line with the 100% Fibonacci extension level. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
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