Type: Bullish BounceKey Levels:Resistance: 0.66969Pivot: 0.66591 Support: 0.6631Preferred Case:Prices are on bullish momentum and abiding to a daily ascending trendline. We see the potential for a bounce from our pivot at 0.66591 in line with 78.6% Fibonacci retracement and ascending trendline towards our intermediate resistance at 0.66969 in line with 38.2% Fibonacci retracement. Prices are trading above our Ichimoku clouds, further supporting our bullish bias.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 0.6631 in line with 100% Fibonacci retracement
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nzdusd-h4-or-bullish-bounce28"
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