Main Quotes Calendar Forum
flag

FX.co ★ NZD/USD right at major resistance, turn bearish.

parent
Forex Analysis:::2016-08-30T08:29:25

NZD/USD right at major resistance, turn bearish.

Our profit target was reached perfectly last week. We now turn bearish looking to sell below 0.7270 major resistance (horizontal resistance, Fibonacci retracement, Fibonacci projection) for a drop to 0.7210 support.

RSI (21) is on pullback resistance similarly with price.

NZD/USD right at major resistance, turn bearish.

Buy on break of 1.4890. Stop loss at 1.4800. Take profit at 1.4985.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...