NZDUSD
As we see price action bounced from the 4h demand level then we got multiple rejections on the 0.38 fib which is also the 1 hour demand level and a good sign for continuation trending up, to note it has now formed a morning star candlestick pattern.
breaking above the marked yellow line will be our confirmation to open a new buy position, target is 0.6348
breaking above the marked yellow line will be our confirmation to open a new buy position, target is 0.6348
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.