NEW ZEALAND DOLLAR / AUSTRALIAN DOLLAR
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SHORT Kiwi index Approaching Resistance, Prepare For A Reversal

1 971
Kiwi index is approaching its support at 6.8787(61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 6.9528 (50% Fibonacci retracement , 61.8% Fibonacci extension , horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.

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