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NZDUSD Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
NZDUSD approaching resistance at 0.6619 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse back down to its support at 0.6562 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
CADChart PatternsEURHarmonic PatternsjpyNZDNZDUSDnzdusdshortTrend AnalysisUSD
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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