NZDUSD key fib retracement part 2

2016년 7월 3일

Key fib retracement (0.618) from the top of 2015-04-22 to bottom 2015-08-21. Several times the prices has stalled at this level to bounce up high (look up my previous idea on the (0.50). The price seems to respect these levels and accordingly should move higher to around 0.73004. We are also above array of Moving Averages left below in recent hours. Trend line should give an extra support. Should the price go below the 0.618, trendlines and first MA's we should then be bearish.