NZDUSD approaching resistance, potential drop!

15 апр. 2019 г.

NZDUSD is approaching our first resistance at 0.6828 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6770 (horizontal pullback support, potential 50% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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