FX.co ★ NZD/USD approaching key support, prepare to buy

Price is approaching major support at 0.7076 (Fibonacci projection, horizontal support) where we expect a bounce up to at least 0.7174.

RSI (34) is also right on a major support level where its previous bounce occurred.

Buy above 0.7076. Stop loss at 0.7018. Take profit at 0.7174.