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FX.co ★ NZD/USD further downside potential observed!

NZD/USD further downside potential observed!

NZD/USD further downside potential observed!

Trading Recommendation

Entry: 0.64637

Reason for Entry: 23.6% Fibonacci retracement, graphical overlap

Take Profit : 0.64273

Reason for Take Profit: 76.4% Fibonacci retracement

Stop Loss: 0.64812

Reason for Stop loss: 100% Fibonacci extension

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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