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30.04.2019 04:20 AM
NZD/USD is approaching a nice pullback resistance, potential reversal to occur!

Price is approaching a key resistance at 0.6719 where it could potentially reverse to its support.

Entry : 0.6719

Why it's good : horizontal pullback support, 38.2% fibonacci retracement, 61.8% fibonacci extension

Stop Loss : 0.67772

Why it's good : 50% Fibonacci retracement

Take Profit : 0.6639

Why it's good : 61.8% fibonacci retracement

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Dean Leo,
Analytical expert of InstaForex
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