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Dollar New Zealand / Yen Jepang
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NZDJPY Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
NZDJPY is approaching its resistance at 75.43 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially react off, causing price to fall to its support at 74.15 (100% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Chart PatternsForexforexsignalsHarmonic PatternsjpyNZDNZDJPYnzdjpyshortTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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