NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 61.8%, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6850 (horizontal swing high resistance, 61.8% fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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