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NZDCNH 26 Jul 2023

NZDCNH 26 Jul 2023 on the H4 timeframe. There has been a trend reversal after being bearish since two days ago. Bounced up after touching S2 and now the pair has successfully penetrated the 23.6 level towards 38.2 Fibo. currently at 4.45039 and is still likely to continue to rise if referring to the chart on the RSi indicator which also shows a bullish signal. Therefore, go-long can be an option for traders. Keep an eye on market changes and movements study other indicators before making trading decisions.

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