NZDUSD Upside potential this week
NZDUSD is still heading lower after losing nearly 300pips. Support is near, but one more low should happen before the next push to the upside.
We will watch the area around the 78% and 61% Fibonacci retracement level. It lines nicely up with recent support.
Be patient and look for clear price action signal. Reversal signal can be formed this week
We will watch the area around the 78% and 61% Fibonacci retracement level. It lines nicely up with recent support.
Be patient and look for clear price action signal. Reversal signal can be formed this week
