FX.co ★ NZD/USD holding above trendline support preparing for a bounce!

Trading Recommendation

Entry: 0.61800

Reason for Entry: Ascending trendline support, 61.8% Fibonacci retracement

Take Profit : 0.62408

Reason for Take Profit: 78.6% Fibonacci retracement, 61.8% Fibonacci extension

Stop Loss: 0.61499

Reason for Stop loss: Graphical swing low, 50% Fibonacci retracement