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NZDUSD approaching resistance, potential drop!

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Dollar New Zealand / Dollar AS (FX:NZDUSD)  
easyMarkets Broker  
FX:NZDUSD   Dollar New Zealand / Dollar AS
Harmonic Patterns Chart Patterns Trend Analysis NZDUSD NZD USD nzdusdlong nzdusdhort Forex forextrading forexsignals
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harmonicpatterns chartpattern trendanalysis nzdusd nzd usd nzdusdlong nzdusdhort forex forextrading forexsignals
NZDUSD is approaching our first resistance at 0.6969 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where price might drop to our major support at 0.6841 (50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

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