Type: Bullish RiseKey Levels:Resistance: 0.63185Pivot: 0.62470Support: 0.61850Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 0.62470 where the overlap support is to the 1st resistance at 0.63185 where the swing high resistance, 78.6% fibonacci retracement and 127.2% fibonacci extension are.Alternative Scenario:Alternatively, price could break pivot structure and drop to the 1st support at 0.61850 where the overlap support, 50% fibonacci retracement and 61.8% fibonacci projection are.Fundamentals:No Major News
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/new-zealand-dollar-futures-6n1-h4-potential-for-bullish-rise26"
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