NZD/USD we remain bullish above its support!

analytics5d392bd27aae0.jpg

Price is testing its support at 0.6694 where it could potentially bounce to its resistance at 0.6732..

Entry: 0.6694

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

Stop Loss : 0.6668

Why it's good : 61.8% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit : 0.6732

Why it's good: Horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension

analytics5d392b035c8e8.png

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