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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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NZD/USD bounced off support, potential further rise!

analytics5d22b88e8d36e.jpgEntry: 0.6611

Why it's good : 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support

Stop Loss : 0.6576

Why it's good : 61.8% Fibonacci retracement

Take Profit : 0.6658

Why it's good: 100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance

analytics5d22b865e491d.png

The material has been provided by InstaForex Company - www.instaforex.com