NZDUSD approaching support, potential bounce!
NZDUSD is approaching our first support at 0.6556 (76.4% Fibonacci retracement, 100% Fibonacci extension) where we might be seeing a bounce to our first resistance at 0.6708 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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