Kiwi index Approaching Resistance, Prepare For A Reversal
Kiwi index is approaching its resistance at 6.9707 (61.8% Fibonacci retracement , horizontal swing high resistance, 100% Fibonacci extension ) where it could reverse down to its support at 6.9256 (50% Fibonacci retracement)
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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