NZDUSD double bottom forming nicely, further bullish potential!

8 มี.ค. 2018

NZDUSD is has formed a nice double bottom formation and we’re seeing major support above 0.7273 (Fibonacci retracement, horizontal overlap support, breakout level) and a strong bounce could occur from here to help price rally towards our next major resistance at 0.7341 (Fibonacci retracement, horizontal swing high resistance).

RSI (89) sees ascending support hold price up really well and adds to our bullish momentum.

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