Get started
Klimex

NZDUSD Approaching Support, Prepare For A Reversal

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Klimex  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZD USD NZDUSD forexsignals
31
0
trendanalysis harmonicpatterns chartpattern nzd usd nzdusd forexsignals
NZDUSD is approaching its support at 0.6781 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low resistance) where it is expected to rise to its resistance at 0.6813(23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance).
Stochastic (34, 5, 3) is approaching its resistance where a corresponding reversal is expected.



Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.