NZDJPY approaching support, potential bounce!

2018년 11월 21일

NZDJPY is approaching our first support at 76.35 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 77.21 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.
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