NZD/USD approaching a major support!

Price is in a downtrend where it is expected that it will continue falling to approach its major support at 0.6467.

Entry : 0.6585

Why it's good : horizontal swing high resistance, 38.2% Fibonacci retracement

Stop Loss : 0.6689

Why it's good : 61.8% Fibonacci extension, 61.8% Fibonacci retracement

Take Profit : 0.6467

Why it's good : 61.8% Fibonacci extension