FX.co - NZDUSD holding above trendline support and looks for further upside!

2 June 2020 at 6:53AM (UTC+0)

Long-term review

Trading Recommendation

Entry: 0.62622

Reason for Entry: Ascending trendline support, 50% Fibonacci retracement, moving average

Take Profit : 0.63314

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.62216

Reason for Stop loss: Graphical swing low

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

Analytical expert

Dean Leo

FX.co ★ NZDUSD holding above trendline support and looks for further upside!