Clear break above 0.6315 area could potentially trigger a bullish movement area retest 0.6360 or even 0.6400 area (61.8% Fibo of 0.4893-0.8841). While penetration is consistently below the 0.6240 area would put the price under bearish pressure to test the 0.6195 area, before targeting 0.6150 area.
NZDUSD Potentially Sideways Between 0.6240-0.6315
Based on 4-hour chart, as the bias tends to neutral stochastic and RSI moves around the center line with a range of potential trading range between 0.6240-0.6315 (MA-21).
Clear break above 0.6315 area could potentially trigger a bullish movement area retest 0.6360 or even 0.6400 area (61.8% Fibo of 0.4893-0.8841). While penetration is consistently below the 0.6240 area would put the price under bearish pressure to test the 0.6195 area, before targeting 0.6150 area.
Clear break above 0.6315 area could potentially trigger a bullish movement area retest 0.6360 or even 0.6400 area (61.8% Fibo of 0.4893-0.8841). While penetration is consistently below the 0.6240 area would put the price under bearish pressure to test the 0.6195 area, before targeting 0.6150 area.
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0 Response to "NZDUSD Potentially Sideways Between 0.6240-0.6315"
Thanks for give comment.