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

Price is approaching its resistance where it could reverse back down to its support.

Entry: 0.6766

Why it's good : 61.8% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 0.6807

Why it's good : 61.8% & 100% Fibonacci extension

Take Profit : 0.6701

Why it's good: 23.6% Fibonacci retracement, horizontal swing low support