How To Make Money Today: NZD/USD Daily Market Analysis and Forex Trading Signals 11 April 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
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NZD/USD:
On the H4, we expect to see a potential for a bullish bounce from our 1st support of 0.68095 in line with the 78.6% fibonacci retracement and 161.8% Fibonacci extension towards our 1st resistance level at 0.68744 in line with the 23.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator where price is at support level. Alternatively, If price breaks out, it can potentially move towards our 2nd support level at 0.67308 which is in line with the swing low support.
Areas of consideration:
- H4 time frame, 1st support at 0.68095
- H4 time frame, 1st resistance at 0.68744
![](https://i0.wp.com/tresorfx.com/wp-content/uploads/2022/04/image-26.png?resize=1024%2C617&ssl=1)
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