All analysis in the charts
Looks like we are heading strong to 2100+
Indicates underlying strengths. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retests of previous lows. BUY THE DIPS". Strategy Buy Above: 1.0875, Target 1.14700.
4HR CHART: -BULLISH PENNANT. -25 PERIOD RSI HIDDEN BULL DIVERGENCE (PRICE HL , RSI LH) -MACD HIDDEN BULL DIVERGENCE (PRICE HL , MACD LH) -PRICE IS ABOVE THE 50 PERIOD MA (ORANGE LINE) IF THERES A MACD CROSSOVER AND THE PENNANT COMPLETES THEN MOON ALSO, 4/20 SOON
NZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence. entry - above high of low test bar stop loss - below low of low test bar target - at previous resistance at ~0.6880
A retest of ~0.7070 and a third retest of the ascending trend line shows price maintaining structure of new higher highs and higher lows. As indicated too to by oscillator hidden divergence a bullish rally may resume. entry - above high of Friday's reversal bar stop loss - below low of Friday's reversal bar target - at or above previous high