The NZD/USD is facing resistance at 61.8 Fibonacci retracement. It is also previous support now resistance and order block. Bearish 1h candle close should imply bearish continuation move. Targets are D H3 – 0.7058 followed by D L3 – 0.70107 (UUP). We should see bears in game soon.

(Click on image to enlarge)





Comments
Log in or sign up to join the conversation.