Resistance: 0.8181 moderate/0.8217 minor/0.8236 minor Support: 0.8162 strong/0.8126 moderate/0.8107 minor We have a medium credibility pattern Bullish Engulfing in Hourly charts. Though ideally this needs a confirmation before trading, with prices just above a strong support consider buys off 0.8162, the Pivot Point. Stop losses can be placed just under the said price or alternatively the pattern low if beneath the Pivot Point. Learn more about the chart patterns and how to recognize them in
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NZDUSD Bullish Engulfing Hourly Chart