Reason for Entry: 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance
Take Profit : 1.09994
Reason for Take Profit: Horizontal overlap support, 61.8% Fibonacci retracement, 78.6% Fibonacci extension
Stop Loss: 1.11419
Reason for Stop loss:
horizontal swing high resistance, 78.6% Fibonacci retracement
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Performed by Dean Leo,
InstaForex Group © 2007-2019
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NZD/USD further rise in progress!
Further rise is expected above support towards resistance at 0.658. Intermediate support is at 0.65400.
USD/JPY approaching support, potential bounce!
Price is approaching our first support at 107.898 where we are expecting a bounce to our first resistance level at 109.852
EUR/JPY approaching support, potential bounce!
Price is approaching our first resistance at 120.0051 where we are expecting a drop to our first support level at 120.6125