NZD/USD Daily Market Update (25/09/18)

Category: Fundamental News

INSTRUMENT: NZD/USD
ANALYSIS: In line with the previous analysis in the 4hr chart, the price is presently at 61.8% Fibonacci level and the price is expected to test the 200SMA and 38.6% Fibonacci level before resuming its uptrend toward 127% Fibonacci extension level. A fall below 0.65661 invalidates the analysis.
PREFERENCE: Bullish

Published: 2018-09-25 06:13:21