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NZDCHF seeing major support, potential for a nice bounce!

NZDCHF is seeing major support at 0.6858 (Fibonacci extension, bullish harmonic formation, horizontal swing low support) and a strong bounce could occur at this level to push prices up to major resistance at 0.6929 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 2.7% where a corresponding bounce could occur.

Tickmill

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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