Dollar New Zealand / Dollar AS
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NZDUSD Approaching Resistance, Potential Reversal

NZDUSD is approaching its resistance at 0.6536 (50% & 76.4% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.6496 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.

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