NZDUSD approaching support, potential bounce!

٢٧ نوفمبر ٢٠١٨

NZDUSD is approaching our first support at 0.6708 (horizontal swing low support, 38.2% fiboancci retracement, 100% fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6813 (horizontal swing high resistance, 61.8% fiboancci retracement, 61.8% fiboancci extension).
Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
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