NZDUSD seems to be finding support while pushing against a rising trend line. If we get another bullish candle here, I'll be entering a long position.
Ill keep a close eye on our momentum as we approach the 50% fib level at 0.71251. It we show no sign of slowing down I'll adjust my stop and look to ride the trend up to the 61.8 fib level.
See chart for level values.
Ill keep a close eye on our momentum as we approach the 50% fib level at 0.71251. It we show no sign of slowing down I'll adjust my stop and look to ride the trend up to the 61.8 fib level.
See chart for level values.