NZDUSD Approaching Support, Prepare For A Reversal
NZDUSD is approaching its support at 0.6781 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low resistance) where it is expected to rise to its resistance at 0.6813(23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance).
Stochastic (34, 5, 3) is approaching its resistance 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 (34, 5, 3) is approaching its resistance 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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