Pepperstone

NZDJPY Approaching Support, Potential Bounce!

FX:NZDJPY   뉴질랜드 달러 / 일본 엔
NZDJPY is approaching its support at 71.01 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 73.14 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its support at 1.52% where a corresponding bounce could occur.

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