NZDUSD double bottom forming nicely, further bullish potential!

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is has formed a nice double bottom formation and we’re seeing major support above 0.7273 ( Fibonacci retracement , horizontal overlap support, breakout level) and a strong bounce could occur from here to help price rally towards our next major resistance at 0.7341 ( Fibonacci retracement , horizontal swing high resistance).

RSI (89) sees ascending support hold price up really well and adds to our bullish momentum.

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This analysis is provided as general market commentary and does not constitute investment advice.
I would wait for the markets do get @ .72899 to eventually sell it if we get sellers aggression. WHY? You can't sell to a sell. You can sell to a buyer. That's what I'm trying to accomplish. Let the market go to the area I told you. Look for the seller who started the move if he's coming back(aggression only big players move the market with big boy money). Then your'e safe to sell.
Berdox Berdox
@Berdox, I meant you can't sell to a seller
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