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EURNZD approaching support, potential bounce!

Por Tickmill
Corretora
EURNZD is approaching our first support at 1.6327 (horizontal swing low support, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.6529 (23.6% Fibonacci retracement).
Stochastic (34,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsEUREURNZDeurnzdlongeurnzdshortForexforexsignalsforextradingHarmonic PatternsNZDTrend Analysis
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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