NZDUSD has a strong bearish momentum, could it fall further?

14 เม.ย.

Price is rising towards a resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.

Entry: 0.59686
Why we like it:
There is a pullback resistance level which aligns with the 50% Fibonacci retracement

Stop loss: 0.60084
Why we like it:
There is a pullback resistance level which aligns with the 50% Fibonacci retracement

Take profit: 0.59318
Why we like it:
There is a pullback support level

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