Kiwi H4 | Pullback support at 50% Fibonacci retracementThe Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.5987 which is a pullback support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 0.5915 which is a level that lies underneath a multi-swing-low support.
Take profit is at 0.6060 which is a resistance that aligns with the 127.2% Fibonacci extension.
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Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
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