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FX.co ★ NZDCAD approaching support, potential bounce

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Forex Analysis:::2020-08-06T07:56:57

NZDCAD approaching support, potential bounce

NZDCAD approaching support, potential bounce

Trading Recommendation

Entry: 0.87590

Reason for Entry: Horizontal swing low support, 100% fibonacci extension, 38.2% and 78.6% fibonacci retracement

Take Profit: 0.88790

Reason for Take Profit: Horizontal pullback resistance, 50% fibonacci retracement

Stop Loss: 0.87178

Reason for Stop Loss: Horizontal swing low support

Analyst InstaForex
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