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

Price approaching its resistance where a reversal could occur.

Entry: 0.6481

Why it's good : 100% Fibonacci extension, 23.6 & 50% Fibonacci retracement, horizontal pullback resistance

Stop Loss : 0.6548

Why it's good : 78.6% Fibonacci retracement

Take Profit : 0.6398

Why it's good: Horizontal swing low support