NzdUsd - Support turned Resistance, turned now Support ?
This is showcasing typical price action behavior. I must suggest this is great example of S&R trading for anyone to learn.
Reasons ~
1] Resistance broken, should act as support
2] 38.2% Fib ratio right at support
3] Falling TL support aligned at support.
=)
Reasons ~
1] Resistance broken, should act as support
2] 38.2% Fib ratio right at support
3] Falling TL support aligned at support.
=)