NZDUSD approaching resistance, potential reversal | 29 June 2020 Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jun 29, 2020 7:42 AM

Price is reaching our resistance in line with our descending trend line, 78.6% retracement and 61.8% extension where we could see a reversal below this level. Stochastic is reaching our resistance as well.

Comment

⋅ Jun 29, 2020 7:43 AM

Comment

⋅ Jun 29, 2020 7:44 AM

Comments

nrmt2010

⋅ Jun 29, 2020 1:37 PM

Thank you for great analysis and explanation. Good Luck.

FXCM

⋅ Jun 30, 2020 8:42 AM

@nrmt2010, thank you!

Infamez

⋅ Jun 29, 2020 1:12 PM

Good analysis, thanks!

FXCM

⋅ Jun 30, 2020 8:42 AM

@Infamez, thanks!

Abubakrmuh

⋅ Jun 29, 2020 7:51 AM

Nice 1

FXCM

⋅ Jun 30, 2020 8:42 AM

@Abubakrmuh, thanks!