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FX.co ★ NZDUSD reacted right below descending trendline resistance. Further drop to come!

NZDUSD reacted right below descending trendline resistance. Further drop to come!

NZDUSD reacted right below descending trendline resistance. Further drop to come!

Trading Recommendation

Entry: 0.60075

Reason for Entry: Graphical overlap

Take Profit : 0.59215

Reason for Take Profit: Graphical swing low

Stop Loss: 0.60414

Reason for Stop loss: Graphical swing high, descending trendline resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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