ICmarkets
Long

EURNZD Approaching Support, Potential Bounce!

FX:EURNZD   Euro / New Zealand Dollar
EURNZD is approaching its support at 1.6419 (61.8% Fibonacci extension , horizontal swing low support) where it could potentially bounce to its resistance at 1.6513 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.6% where a corresponding bounce could occur.
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