NZDUSD - Stochastic & Fibonacci
In the NZDUSD pair, it retraced to 0.618 Fibonacci level at the 4-hour and daily chart, I believe there is a strong resistance level. Because it is no hard to see the stochastic indicator showed the divergence to the long position of NZDUSD. Therefore, NZDUSD is expected to drop to the previous resistance.
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