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

2020-04-20T06:11:07

Relevance until2020-04-21

Trading Recommendation

Entry:0.85820

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

Take Profit : 0.82797

Reason for Take Profit: Horizontal swing low support, 50% and 76.4% fibonacci retracement

Stop Loss: 0.86994

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!