28.05.202003:55 NZDUSD pullback to trendline support before any bounce!

Long-term review

Exchange Rates 28.05.2020 analysis

Trading Recommendation

Entry: 0.61499

Reason for Entry: scending trendline support, 50% Fibonacci retracement

Take Profit : 0.62408

Reason for Take Profit: 78.6% Fibonacci retracement, 61.8% Fibonacci extension

Stop Loss: 0.60810

Reason for Stop loss: Graphical swing low

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

Performed by Dean Leo,
Analytical expert
InstaForex Group © 2007-2020
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