NZDUSD approaching support, potential bounce!

9 พ.ย. 2018

NZDUSD is approaching our first support at 0.6724 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 0.6831 (horizontal swing high resistance, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce in price.
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