Kiwi Index Approached Support, Prepare For A Further Rise
Kiwi index approached its support at 6.8796 (horizontal swing low support, 100% Fibonacci extension,50% Fibonacci retracement) where it could potentially bounce to its resistance at 6.9311(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance ).
Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could occur.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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