NZDUSD is approaching support, potential bounce | 10 Feb 2021

NZDUSD is approaching support, potential bounce | 10 Feb 2021 for FX:NZDUSD by FXCM

NZDUSD is approaching support, potential bounce | 10 Feb 2021



Price is approaching our first support in line with our 20 EMA , horizontal pullback support, 38.2% fibonacci retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

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