NZDUSD Testing Resistance, Potential For Reversal

NZDUSD is testing its resistance at 0.6620 (38.2% & 23.6% Fibonacci retracement, overlap resistance) where a reversal to its support at 0.6561 (61.8% Fibonacci retracement, horizontal pullback support)could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.

Disclaimer