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

2019-08-13T04:19:24

Relevance until2019-08-14

Price approaching its resistance where a reversal could occur.

Entry: 0.6482

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

Take Profit : 0.6398

Why it's good: Horizontal swing low 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

Analytical expert

Dean Leo

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