NZDUSD approaching resistance, potential drop!

1 เม.ย. 2019

NZDUSD is approaching our first resistance at 0.6854 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6806 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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