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NZDUSD Reversed Off Descending Channel Resistance!

Por Tickmill
Corretora
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.
Chart PatternsForexforexsignalsHarmonic PatternsNZDNZDUSDnzdusdshortTrend AnalysisUSD
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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