Main Quotes Calendar Forum
flag

FX.co ★ NZD/USD approaching selling area, remain bearish

parent
Forex Analysis:::2017-09-29T02:15:58

NZD/USD approaching selling area, remain bearish

The price is once again rising and reaching our selling area. We prepare to sell below major resistance at 0.7244 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 0.7178 support (Fibonacci extension, horizontal swing low support) once again.

Stochastic (21,3,1) is seeing strong resistance at 95% where we expect a drop from.

Sell below 0.7244. Stop loss is at 0.7300. Take profit is at 0.7178.

NZD/USD approaching selling area, remain bearish

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...