Has NZDUSD formed a swing low?NZDUSD - 24h expiry -
Previous support located at 0.6150.
Previous resistance located at 0.6175.
Price action looks to be forming a bottom.
Short term momentum is bullish.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6175 will confirm the bullish momentum.
We look to Buy at 0.6145 (stop at 0.6105)
Our profit targets will be 0.6245 and 0.6265
Resistance: 0.6170 / 0.6200 / 0.6225
Support: 0.6150 / 0.6125 / 0.6100
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