NZD/USD remaining bullish above major support - Forex247

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Friday, October 28, 2016

NZD/USD remaining bullish above major support

We remain bullish above major support at 0.7113 (Fibonacci retracement, horizontal support, Fibonacci projection) for a push up to 0.7180.

Stochastics (34,5,3) is bouncing above major 7% support.

RSI (34) has also bouncing off major ascending support.

Buy above 0.7113. Stop loss at 0.7078. Take profit at 0.7180.

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