SHORT NZDJPY Approaching Resistance, Potential Reversal!
NZDJPY is approaching its resistance at 75.44(61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback resistance) where it could reverse down to its support at 74.92 (61.8% Fibonacci retracement , horizontal overlap support).
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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