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

2020-04-29T02:23:31

Relevance until2020-04-30

Trading Recommendation

Entry: 0.85820

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

Take Profit : 0.82797

Reason for Take Profit: Horizontal swing low support, 50%, 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!