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NZDJPY Testing Resistance, Potential Reversal

Por ICmarkets
Corretora
NZDJPY is testing its resistance at 74.09 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 73.07 (61.8% Fibonacci retracement, horizontal swing low support) is expected.
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.
Chart PatternsForexforexsignalsHarmonic PatternsjpyNZDNZDJPYnzdjpyshortTrend Analysis
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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