Price is approaching support where it is expected to bounce to its resistance. We are expected some NZD strength later today due to risk-on sentiment back in the market..
Entry : 0.6603
Why it's good : 38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback resistance
Stop Loss : 0.6561
Why it's good : 61.8% Fibonacci retracement, horizontal pullback support
Take Profit : 0.6667
Why it's good : Horizontal swing low support, 38.2% Fibonacci retracement
