NZDUSD is approaching a pivot, potential for bounce! | 29 Sept
NZDUSD is approaching our target entry 0.69474 in confluence with 78.6% Fibonacci extension and 127.2% Fibonacci extension . Price has the potential to bounce to our take profit at 0.70182 in line with 61.8% Fibonacci retracement , and parallel channel . Our stop loss is placed at 0.69147 in line with 61.8% Fibonacci retracement , 100% Fibonacci extension and 161.8% Fibonacci projection . Stochastics is at an undersold level.
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