LONG NZD/USD.

4 בפבר׳ 2020

LONG NZD/USD, ***IF there is a retracement and a clear rejection around the 38,20% and 50% level of the fibonacci. The market rejected the 0,64500 key level (psychological level) and then created a higher high by braking the resistance level. There is also a divergence that can be seen on the chart and the RSI indicator (black lines). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.