NZDUSD approaching support, potential bounce!
Updated
NZDUSD is approaching our first support at 0.6744 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement ).
Stochastic is also approaching support.
Stochastic is also approaching support.
Note
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