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EURNZD Approaching Resistance, Potential Reversal

Short
Euro / New Zealand Dollar (FX:EURNZD)  
ICmarkets Broker  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURNZD EUR NZD eurnzdlong eurnzdshort Forex forextrading forexsignal
89
1
trendanalysis harmonicpatterns chartpattern eurnzd eur nzd eurnzdlong eurnzdshort forex forextrading forexsignal
EURNZD is approaching its resistance at 1.6572 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.6470 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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