NZD/USD testing an intermediate support, could we see a bounce?

analytics5cdd22ebeb62b.jpg

eIaPR3pVlNV1Hx_PAiF63MCXui0M-3i_AmoYyl8b

Description :

Price is currently testing an intermediate support at 0.6558. If broken, it will confirm a further move down to its next support at 0.6520.

Entry : 0.6585

Why it's good : horizontal pullback resistance, 100% Fibonacci extension

Stop Loss : 0.6629

Why it's good : 61.8% Fibonacci retracementThe material has been provided by InstaForex Company - www.instaforex.com