NZDUSD Testing Resistance, Potential Reversal!
NZDUSD is testing its resistance at 0.6794 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where price could potentially reverse down to its support at 0.6691 (100% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reversal 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.