NZDUSD facing bullish pressure | 27 Apr 2021

27 апр. 2021 г.

Prices are facing bullish pressure from ascending trendline support and horizontal pullback support, in line with 50% FIbonacci retracement and 61.8% Fibonacci extension . Prices might push up further towards 1st resistance in line with horizontal swing high resistance, 127.2% Fibonacci retracement and 161.8% Fibonacci extension . If prices fall through 1st support, prices might take support from horizontal swing low support in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.