Has NZDUSD found a local bottom?

20 февр. 2023 г.

NZDUSD - 24h expiry - We look to Buy at 0.6200 (stop at 0.6150)

Previous support located at 0.6200.
Previous resistance located at 0.6300.
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6275 will confirm the bullish momentum.

Our profit targets will be 0.6350 and 0.6400

Resistance: 0.6300 / 0.6350 / 0.6400
Support: 0.6200 / 0.6150 / 0.6125

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