NZDUSD Hammer Hourly Chart

Resistance: 0.8402 moderate/0.8434 minor/0.8492 minor Support: 0.8344 strong/0.8312 moderate/0.8254 minor Overall bias in NZDUSD is bullish with the Hammer just above a strong support level. Though a low level bullish reversal candlestick pattern, given the strong support consider taking a buy with 0.8402 as the immediate target, possibly further on to 0.8434. A stop loss should be placed below 0.8344, the Pivot Point. The prudent course of action is to look for a confirming big white

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NZDUSD Hammer Hourly Chart

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