Bullish rise?

11 thg 6

NZD/USD is falling towards a support level which is a pullback support and could potentially rise to our take profit.

Entry: 0.61017
Why we like it:
There is a pullback support level.

Stop loss: 0.60474
Why we like it:
There is a pullback support level which aligns with the 50% Fibonacci retracement.

Take profit: 0.61675
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.

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