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SHORT Kiwi Index Approaching Resistance, Prepare For A Reversal

Corto
NZDAUD/0.95+NZDJPY/75.75+NZDUSD/0.68+NZDEUR/0.6+NZDGBP/0.52+NZDCHF/0.68+NZDCAD/0.9  
ICmarkets Broker  
NZDAUD/0.95+NZDJPY/75.75+NZDUSD/0.68+NZDEUR/0.6+NZDGBP/0.52+NZDCHF/0.68+NZDCAD/0.9  
Trend Analysis Harmonic Patterns Chart Patterns kiwi NZD NZDUSD
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trendanalysis harmonicpatterns chartpattern kiwi nzd nzdusd


Kiwi index is approaching its resistance at 7.050(100% Fibonacci extension , 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its support at 6.990 (61.8% Fibonacci extension ,50% Fibonacci retracement , horizontal swing low support).

Stochastic (89, 5, 3) is approaching its resistance at 91% where a corresponding bounce could occur.
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