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ICmarkets

EURNZD Approaching Resistance, Potential Reversal

Corto
Euro/Dólar neozelandés (FX:EURNZD)  
ICmarkets Broker  
FX:EURNZD   Euro/Dólar neozelandés
Trend Analysis Harmonic Patterns Chart Patterns EURNZD EUR NZD eurnzdlong eurnzdshort Forex forextrading forexsignal
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trendanalysis harmonicpatterns chartpattern eurnzd eur nzd eurnzdlong eurnzdshort forex forextrading forexsignal
EURNZD is approaching its resistance at 1.6571 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.6468 (horizontal swing low support).
Stochastic (21, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
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