FX.co - NZDUSD broke below 1st resistance, further downside !

2020-06-16T08:05:32

Relevance until2020-06-17

Trading Recommendation

Entry:79.23

Reason for Entry: Horizontal overlap resistance

Take Profit :78.85

Reason for Take Profit: 61.8% fibonacci extension, 61.8% fibonacci retracement

Stop Loss: 79.65

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 ★ NZDUSD broke below 1st resistance, further downside !