NZDCHF approaching support, potential bounce!
NZDCHF is approaching our first support at 0.6788 (horizontal overlap support, 23.6%, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6850 (50% Fibonacci retracement , horizontal swing high resistance ).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.
Come join us today at : easymarkets.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.