FX.co - NZD/CAD approaching resistance, potential drop!

2020-04-13T02:59:18

Relevance until2020-04-14

Trading Recommendation

Entry: 0.85820

Reason for Entry: Horizontal pullback resistance, 100% fibonacci extension, 78.6% fibonacci retracement

Take Profit : 0.82797

Reason for Take Profit: Horizontal swing low support , 50%, 78.6% Fibonacci retracement

Stop Loss: 0.87465

Reason for Stop loss: Horizontal swing high resistance

*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/CAD approaching resistance, potential drop!