FX.co - NZD/USD bounced off support, potential further rise!

2019-07-08T03:31:33

Relevance until2019-07-09

NZD/USD bounced off support, potential further rise! Entry: 0.6611

Why it's good : 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support

Stop Loss : 0.6576

Why it's good : 61.8% Fibonacci retracement

Take Profit : 0.6658

Why it's good: 100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance

NZD/USD bounced off support, potential further rise!

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

Analytical expert

Dean Leo

FX.co ★ NZD/USD bounced off support, potential further rise!