Type: Bullish BounceKey Levels:Resistance: 0.68677Pivot: 0.68192Support: 0.67883Preferred Case:Prices are abiding to our bullish trendline and is is on bullish momentum. We see the potential for a bounce from our Pivot at 0.68192 in line with 61.8% Fibonacci retracement towards our 1st resistance at 0.68677 which is an area of Fibonacci confluences. Ichimoku clouds are forecasting strong bullish momentum.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 0.67883 in line with 100% Fibonacci retracement.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nzdusd-h4-or-bullish-continuation"
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