NZDUSD Testing Resistance, Prepare For Reversal
NZDUSD is testing its resistance at 0.6719(100% Fibonacci extension, 50% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6622(38.2% Fibonacci retracement, horizontal swing low support) is expected.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop is expected.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop is expected.
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