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

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Forex Analysis:::2020-06-02T05:31:43

NZD/USD approaching resistance, potential reversal

 NZD/USD approaching resistance, potential reversal

Trading Recommendation

Entry: 0.63438

Reason for Entry: Horizontal swing high resistance, 127.2% fibonacci extension and 161.8% fibonacci retracement

Take Profit: 0.61644

Reason for Take Profit: Horizontal overlap support

Stop Loss: 0.64478

Reason for Take Profit: Horizontal swing high resistance

Analyst InstaForex
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