Type: Bullish BounceKey Levels:Resistance: 0.68223Pivot: 0.67888Support: 0.67692Preferred Case:Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our Pivot at 0.6788 in line with 23.6% Fibonacci retracement towards our 1st resistance at 0.68223 in line with 61.8% Fibonacci retracement. Ichimoku clouds are showing strong bullish momentum.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 0.67692 at 0.67692 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci Projection.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nzdusd-h4-or-bullish-momentum"
via IFTTT
Subscribe to:
Post Comments (Atom)
-
The new strain of covid found in South Africa could disrupt plans by governments and central banks to rebuild economies. Financial markets a...
-
Fidelity “FIS” is a global financial services technology company and a leader in providing technology solutions to merchants, banks and cap...
-
Asian Equities Sink on Covid FearsIt’s been a mixed start to the week for global equities benchmarks with US and European asset markets rema...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.