NZD/USD Approaching Support, Prepare For Bounce
NZD/USD is approaching its support at 0.6808 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6850 (horizontal pullback resistance).
Stochastic (55, 5, 3) is nearing its support at 0.96% where a corresponding bounce could occur. NZD/USD is approaching its support where we expect to see a bounce.
Buy above 0.6... Read More...
Jeff Wecker