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FX.co ★ NZD/USD holding above trendline support preparing for a bounce!

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Forex Analysis:::2020-05-29T02:06:58

NZD/USD holding above trendline support preparing for a bounce!

NZD/USD holding above trendline support preparing for a bounce!

Trading Recommendation

Entry: 0.61800

Reason for Entry: Ascending trendline support, 61.8% Fibonacci retracement

Take Profit : 0.62408

Reason for Take Profit: 78.6% Fibonacci retracement, 61.8% Fibonacci extension

Stop Loss: 0.61499

Reason for Stop loss: Graphical swing low, 50% Fibonacci retracement

Analyst InstaForex
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