GBPNZD is facing bullish pressure | 24 Mar 2021

GBPNZD is facing bullish pressure | 24 Mar 2021 for FX:GBPNZD by FXCM

GBPNZD is facing bullish pressure | 24 Mar 2021



Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.

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