NZDUSD testing major support, prepare for a potential bounce!

2018년 2월 21일

NZDUSD is testing our major support at 0.7336 really nicely (multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 0.7428 resistance (Fibonacci extension, horizontal swing high resistance).

Stochastic (34,5,3) is seeing strong support above 8.0% where a corresponding bounce could occur similar to what could happen with price.

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