RSI is buried - All it needs it few more pips to reach 61.8
0.64 or the 0.66-0.67 resistance zone. These are thing zones I'm monitoring towards RBNZ rate decision.
Will it touch the 61.8 Fib level before reversing higher or will it rally and close above 0.67 to provide a False Break bullish scenario?
With weekly RSI deep in the oversold territory, I surely not looking to be a seller
Will it touch the 61.8 Fib level before reversing higher or will it rally and close above 0.67 to provide a False Break bullish scenario?
With weekly RSI deep in the oversold territory, I surely not looking to be a seller