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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
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD NZD USD nzdusdlong nzdusdshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern nzdusd nzd usd nzdusdlong nzdusdshort forex forextrading forexsignals
NZDUSD is approaching our first resistance at 0.6924 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6844 (38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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