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13.04.202004:59 Forex Analysis & Reviews: NZD/CAD approaching resistance, potential drop!

Exchange Rates 13.04.2020 analysis

Trading Recommendation

Entry: 0.85820

Reason for Entry: Horizontal pullback resistance, 100% fibonacci extension, 78.6% fibonacci retracement

Take Profit : 0.82797

Reason for Take Profit: Horizontal swing low support , 50%, 78.6% Fibonacci retracement

Stop Loss: 0.87465

Reason for Stop loss: Horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Analytical expert
InstaForex Group © 2007-2021
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