long opportunity for NZDUSD

10 במאי 2022

As you can see price is near two trend line . In addition 61.8% of Fibonacci level is near and we have a cluster of prices in 0.6235 area. with this situation we have expected a return from this level which can back price to 0.6538 level. if 61.8% Fibonacci level break we are waiting for touching 0.5900 level which is 78% of Fibonacci level.