NZD/USD profit target reached perfectly, prepare to buy
December 1, 2017 8:21 am
The price has dropped perfectly and reached our profit target. We look to buy above major support at 0.6820 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 0.6874 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,3,1) is seeing strong support above 0.8% where we expect a strong bounce from.
Buy above 0.6820. Stop loss is at 0.6785. Take profit is at 0.6874.
The material has been provided by InstaForex Company – www.instaforex.com
The price has dropped perfectly and reached our profit target. We look to buy above major support at 0.6820 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 0.6874 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,3,1) is seeing strong support above 0.8% where we expect a strong bounce from.
Buy above 0.6820. Stop loss is at 0.6785. Take profit is at 0.6874.
The material has been provided by InstaForex Company – www.instaforex.com
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