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FX.co ★ NZD/USD approaching resistance, potential reversal

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Forex Analysis:::2019-08-14T04:29:18

NZD/USD approaching resistance, potential reversal

NZD/USD approaching resistance, potential reversal

Price approaching its resistance where a reversal could occur.

Entry: 0.6516

Why it's good : 61.8% Fibonacci extension, 61.8, 38.2% Fibonacci retracement, horizontal pullback resistance

Take Profit : 0.6397

Why it's good: Horizontal swing low support

NZD/USD approaching resistance, potential reversal

Analyst InstaForex
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