We see NZDUSD has broken above our Major Quarterly Level, Monthly resistance and weekly disturbance of .73 and sitting inside of a high volatility zone. Major Fib levels on both down and uptrend are coming into play. We see support at both for our downtrending FIb at 23% as well as our Uptrending Fib at 38.2%. 50, 100, and 200 EMA's also converging approaching support from all three.
Waiting for price action to break out of volatility and retest for confirmations.
Waiting for price action to break out of volatility and retest for confirmations.
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