NZD/USD approaching assistance, prepare to purchase

By | February 28, 2017

We prepare to turn bullish above the 0.7176 assistance (Fibonacci retracement, horizontal overlap support) for a rise to the 0.7240 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (21,5,3) is seeing strong assistance at the 10% level where we anticipate a bounce in the price from.Buy above

0.7176. Stop loss at 0.7137. Take revenue at 0.7240.

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