LONG NZDUSD Approaching Support, Prepare For A Bounce
NZDUSD is approaching its support at 0.6740 (61.8% Fibonacci extension *2, horizontal swing low support) where it could potentially bounce to its resistance at 0.6800 (38.2% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
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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