AUD/NZD profit target reached perfectly, prepare to buy
May 18, 2017 3:39 pm
Price has dropped perfectly and reached our profit target. We prepare to buy above 1.0700 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 1.0753 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above the 4.75% level where we expect a bounce from.
Buy above 1.0700. Stop loss at 1.0672. Take profit at 1.0753.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
Price has dropped perfectly and reached our profit target. We prepare to buy above 1.0700 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 1.0753 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above the 4.75% level where we expect a bounce from.
Buy above 1.0700. Stop loss at 1.0672. Take profit at 1.0753.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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