NZDUSD testing and holding below 1st resistance at 0.66572. With stochastics testing resistance, a short term drop towards ascending trendline support and 1st resistance at 0.66303 can be expected.
Trading Recommendation
Entry: 0.66572
Reason for Entry:
Graphical swing high
Take Profit : 0.66303
Reason for Take Profit:
61.8% fib retracement, Recent swing low, ascending trendline support
Stop Loss: 0.66813
Reason for Stop loss:
-27.2% Fib retracement
