NZDUSD testing support, potential bounce!
Description :
Price is testing its support at 0.6616 where it could bounce back to its resistance.
Entry: 0.6616
Why it's good : horizontal overlap support, 76.4% Fibonacci retracement, 100% Fibonacci extension
Stop Loss : -
Why it's good : -
Take Profit : 0.6656
Why it's good: 100% Fibonacci extension, horizontal overlap resistance
The material has been provided by InstaForex Company - www.instaforex.com