NZDUSD approaching resistance, potential drop!

1 ก.พ. 2019

NZDUSD is approaching our first resistance at 0.6969 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where price might drop to our major support at 0.6841 (50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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