Kiwi eyes Sep 2016 highs…

Today’s candle is super bullish…watch the sharp recovery from the session low of 0.7260. The RSI has nicely bounced off 50 levels. An end of the day close above 0.7368 would bring in fresh bids for 0.7485 (Sep 2016 high) – 0.7500 levels.

Daily chart

NZDUSD D1 (07-18-2017 1709).png

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s