NZDUSD facing bearish pressure, potential reversal | 6 July 2020

Price is reaching our first resistance in line with our 127.2% fibonacci extension and 127.2% fibonacci retracement where we could see a reversal below this level. Stochastic is reaching our resistance as well.
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Related publications
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.