X marks the Spot.
For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region.
I will be looking to enter a LONG position IF this current Support at 0.67000 holds.
1st Target at 0.69700
2nd Target at 0.70600
3rd Target at 0.74300
For a Bearish Price Action, I will be looking to open a SELL position on a break of this Support. Stops at 0.68000. Target at 0.64300
I am more Bearish on this pair than Bullish this Week.
For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region.
I will be looking to enter a LONG position IF this current Support at 0.67000 holds.
1st Target at 0.69700
2nd Target at 0.70600
3rd Target at 0.74300
For a Bearish Price Action, I will be looking to open a SELL position on a break of this Support. Stops at 0.68000. Target at 0.64300
I am more Bearish on this pair than Bullish this Week.
Comment:
We had a significant rejection of price from going lower by the BULLS. I expect this Demand zone to hold. I'll be flipping my bias to Bullish in the coming weeks. As long as 0.67000 holds, 1st Target at 0.69700. 2nd Target at 0.74350