QuileHills

NZDUSD Double Fib Resistance Rejection In Channel

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
15
NZDUSD has been twice rejected from the 61.8% Fib resistance.

If it looks like it's continuing to head down toward the channel support it may be a good idea to enter a Sell Stop order as shown below the channel support and just below the recent low 4H close (.67691).

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