NZD/USD approaching key resistance, potential reversal!

Price is facing bearish pressure from our first resistance where we can expect a drop below this level to our first support level. Stochastic is approaching resistance as well. Entry : 0.6717 Why it’s good : horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% Fibonacci extension Stop Loss : 0.6775 Why it’s good : horizontal swing […]

NZD/USD approaching key resistance, potential reversal!

Price is facing bearish pressure from our first resistance where we can expect a drop below this level to our first support level. Stochastic is approaching resistance as well. Entry : 0.6717 Why it’s good : horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% Fibonacci extension Stop Loss : 0.6775 Why it’s good : horizontal swing […]