Showing posts with label NZD/USD approaching support. Show all posts
Showing posts with label NZD/USD approaching support. Show all posts

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6672 (horizontal swing low support, 61.8% Fibonacci extension . Descending channel support) where a strong bounce to our major resistance at 0.6741 (horizontal overlap resistance, 61.8% Fibonacci retracement ) might occur. Stochastic is approaching support as well.

Trading CFDs on margin carries high risk.

Losses can exceed the initial investment so please ensure you fully understand the risks.

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.67223 (horizontal swing low support, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong bounce might occur to our first resistance at 0.67685 (horizontal swing high resistance, 23.6% Fibonacci retracement . Stochastic is also seeing a bullish divergence and approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6720 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support) where a strong bounce might occur above this level to our major resistance at 0.6829 (61.8% Fibonacci extension , 50% Fibonacci retracement , Horizontal overlap resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5cafed877e7b5.png

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6720 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support) where a strong bounce might occur above this level to our major resistance at 0.6829 (61.8% Fibonacci extension , 50% Fibonacci retracement , Horizontal overlap resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk.

Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5cabfecc92650.png

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6744 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement ). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5ca5615a6cf1d.png

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6744 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement ). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5ca411dc11e3f.png

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.67556 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement ). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5ca2c0ce19878.png

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

NZD/USD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6826 (horizontal pullback resistance, 38.2% fibonacci retracement ). Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

analytics5c9d78a1c0303.png

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

NZD/USD approaching support, potential bounce!

NZD/USD is approaching our first support at 0.6832 (horizontal swing low support, 61.8% Fibonacci extension, 50%, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing the price up to our major resistance at 0.6932 (horizontal swing high resistance). Stochastics (34,5,3) is also nearing support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment, so please ensure you fully understand the risks.

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