NZDUSD Approaching Resistance, Potential Reversal!
NZDUSD approaching resistance at 0.6619 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse back down to its support at 0.6562 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 96% 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.