After an impulse to the upside, NZDUSD has retraced & retested the broken resistance level/previous highs, which aligns perfectly with the 50.00% fib retracement level.
Price has rejected this support level and is currently displaying a lower timeframe bullish market structure.
Currently awaiting market open and a small retracement before entering.
First target...
GJ has broke and retested resistance at 139.430 region, which aligns perfectly with the 50.00% fib retracement level.
Price has been showing strong rejections at this support level so I am anticipating a continuation to the upside.
Currently awaiting market open & a small retracement before entering, for a better Risk-Reward.
Targeting - High at 140.400
After an impulsive move to the upside, EJ has retraced and retested the previous high, which aligns perfectly with 61.8% fib retracement level. Lower timeframes show a bullish market structure (Broke and retested a resistance level). Now anticipating a continuation of the bullish trend.
First target - High at 127.000
Second target - Higher timeframe resistance...
