Klimex

NZDAUD Bounced Off Support, Prepare For A Further Rise

Largo
FX_IDC:NZDAUD   NEW ZEALAND DOLLAR / AUSTRALIAN DOLLAR
NZDAUD bounced nicely off its support at 0.9487 (horizontal overlap support, 61.8% fibonacci extension , 38.2% fibonacci retracement ) where it could potentially bounce to its resistance at 0.9523 (horizontal overlap resistance, 61.8% Fibonacci extension ).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.

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