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FX.co ★ NZD/USD remaining bullish above major support

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Forex Analysis:::2016-10-25T11:26:57

NZD/USD remaining bullish above major support

We remain bullish above major support at 0.7124 (Fibonacci retracement, horizontal support, Fibonacci projection) for a push up to 0.7180.

Stochastics (34,5,3) is bouncing above major 4% support and is displaying bullish divergence vs price.

Buy above 0.7124. Stop loss at 0.7106. Take profit at 0.7180.

NZD/USD remaining bullish above major support

Analyst InstaForex
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