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