NZD/USD Potential Rejection at the Weekly L3 Pivot
August 1, 2018
1 min read
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Hi traders,
The NZD/USD has been mostly ranging between W H4 and W Cm pivots. The bounce is possible.
From intraday perspective 0.6750-60 could be a bouncing spot for the pair. The zone is the confluence of H4 bands, ATR pivot, W L3 and historical buyers. A successful bounce should target 0.6785 followed by 0.6808. Only a close above 0.6808 could spike the pair towards the upper range target – 0.6833.
Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea
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