NZDCHF approaching resistance, potential drop!

12 мар. 2019 г.

NZDCHF is approaching our first resistance at 0.6945 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.9278 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a drop in price.
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