NZDJPY approaching support, potential bounce!

29 ต.ค. 2018

NZDJPY is approaching our first support at 72.43 (Horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fiobnacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 73.57 (horizontal overlap resistance, 100% fiboancci extension, 61.8% fibonacci retracement).
RSI (34) has seen a bullish exit and we might see a corresponding rise in price.

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