Title
NZDUSD H4 | Bullish bounce
Type
Bullish Rise
Preference:
The price is rising to 1st resistance at 0.63055, which is the 161.8 Fibonacci extension level, from our pivot at 0.62497, an overlap support.
Alternative scenario:
Price could reverse and break through the pivot at 0.62497 and fall to 1st support at 0.61835, an overlap support.
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Source: Tickmill
