NZDUSD Reversed Off Descending Channel Resistance!

٢٣ يوليو ٢٠١٨

NZDUSD reversed off at its resistance area at 0.68315 (100% & 61.8% Fibonacci extension, 76.4%F Fibonacci retracement, horizontal swing high resistance, descending channel resistance) where it could potentially fall to its support at 0.6774 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.