Kiwi index Approaching Resistance, Prepare For A Reversal

1 апр. 2019 г.

Kiwi index is approaching its resistance at 6.9707 (61.8% Fibonacci retracement , horizontal swing high resistance, 100% Fibonacci extension ) where it could reverse down to its support at 6.9256 (50% Fibonacci retracement)

Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.