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FX.co ★ NZD/USD we remain bullish above its support!

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Forex Analysis:::2019-07-25T04:11:35

NZD/USD we remain bullish above its support!

NZD/USD we remain bullish above its support!

Price is testing its support at 0.6694 where it could potentially bounce to its resistance at 0.6732..

Entry: 0.6694

Why it's good : horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension

Stop Loss : 0.6668

Why it's good : 61.8% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit : 0.6732

Why it's good: Horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension

NZD/USD we remain bullish above its support!

Analyst InstaForex
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