NZDUSD Bounced Off Support, Potential For A Further Rise

٢٨ ديسمبر ٢٠١٨

NZDUSD bounced nicely off its support at 0.6699 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6785 (50% Fibonacci retracement, horizontal overlap resistance).

Stochastic (55, 5, 3) is bounced off near its support at 2.13% where a corresponding rise could occur.