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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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NZD/USD approaching resistance, potential reversal

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Price approaching its resistance where a reversal could occur.

Entry: 0.6482

Why it's good : 61.8% Fibonacci extension,61.8% Fibonacci retracement, horizontal pullback resistance

Take Profit : 0.6398

Why it's good: Horizontal swing low support

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The material has been provided by InstaForex Company - www.instaforex.com