GBPNZD approaching support, potential bounce!

5 มี.ค. 2019

GBPNZD is approaching our first support at 1.9289 (horizontal pullback support, 61.8%, fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.9486 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
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