NZDJPY approaching support, potential bounce!

21 ธ.ค. 2018

NZDJPY is approaching our first support at 75.43 (horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 77.19 (horizontal swing high resistance, 50% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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