NZDUSD is approaching our first resistance at 0.6935 (horizontal swing high resistance, 100% extension) where a strong drop might occur below this level pushing price down to our major support at 0.6872 (horizontal pullback support, 100% extension, 50% fibonaccci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.