NZD / USD:
Our expectations: Up-trendt and correction to 23.6% of Fibonacci where we can look for levels to take long positions
Alternative Scenario: If the price goes below 23.6% on Fibo, a downward impulse is possible.
Comment: Price over diagonal and horizontal support
Price action: pin support on support - positive signal
50/200SMA: 50 crosses 200 from bottom to top - signal for new long
SL: 0.73600
Trader I. Ivanov
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