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

NZD/USD approaching resistance, potential reversal!

NZD/USD approaching resistance, potential reversal!

Price is approaching its resistance at 0.6674 where a reversal to its support is expected.

Entry : 0.6674

Why it's good :100% Fibonacci extension, horizontal swing high resistance

Take Profit : 0.6625

Why it's good : 23.6% & 38.2% Fibonacci retracement, horizontal pullback support

NZD/USD approaching resistance, potential reversal!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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