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

2020-05-05T06:16:52

Relevance until2020-05-06

Trading Recommendation

Entry: 65.093

Reason for Entry: horizontal overlap resistance, 50% fibonacci retracement

Take Profit : 64.344

Reason for Take Profit: horizontal swing low support

Stop Loss: 65.377

Reason for Stop loss: 61.8% fibonacci retracement

*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/JPY approaching resistance, potential drop!