NZDUSD Approaching Support, Potential For A Bounce

476
NZDUSD is approaching its support at 0.6995 (100% Fibonacci extension, 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could bounce off from here to its resistance at 0.7054 (horizontal swing high resistance).
Stochastic (34, 5, 3) is approaching its support at 6.41% where a corresponding bounce could occur.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.