Hello community,
Here is my forecast for NZD/USD. At this right moment cross mark: 0.7368
Key levels:
1st Resistance: 0.7411
2nd Resistance: 0.7480
1st support: 0.7342
2nd support: 0.7309
H4 Fibonacci Retracement (50%): 0.7342
H4 Fibonacci Retracement (38,2%): 0.7382
H4 Fibonacci Retracement (61,8%): 0.7309
We can buy between 38,2% and 50% Fibonacci Retracement or hold until 0.7309. In my opinion, NZD will not touch 61.8% Fibonacci Retracement level.
This is an opportunity to BUY now.
Good luck everyone
Here is my forecast for NZD/USD. At this right moment cross mark: 0.7368
Key levels:
1st Resistance: 0.7411
2nd Resistance: 0.7480
1st support: 0.7342
2nd support: 0.7309
H4 Fibonacci Retracement (50%): 0.7342
H4 Fibonacci Retracement (38,2%): 0.7382
H4 Fibonacci Retracement (61,8%): 0.7309
We can buy between 38,2% and 50% Fibonacci Retracement or hold until 0.7309. In my opinion, NZD will not touch 61.8% Fibonacci Retracement level.
This is an opportunity to BUY now.
Good luck everyone