NZDJPY approaching support, potential bounce!
NZDJPY is approaching its support at 76.21 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap support) wherea bounce could occur, causing price to rise to its resistance at 77.5 (100% Fibonacci extension, horizontal swing high resistance).
Stochastic ( 55, 5, 3) is testing its support at at 6% where a corresponding bounce could occur.
Stochastic ( 55, 5, 3) is testing its support at at 6% where a corresponding bounce could occur.
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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.