NZDUSD holding below descending trendline resistance!

Price holding below descending trendline resistance. A drop below 38.2% Fibonacci retracement and 1st resistance at 0.65544 towards 1st support at 0.65265 is possible.. Trading Recommendation Entry: 0.65544 Reason for Entry: Decending trendline resistance, 38.2% Fibonacci retracement Take Profit: 0.65265 Reason for Take Profit: Recent swing low Stop Loss: 0.65764 Reason for Stop Loss: 61.8% […]