ICmarkets

NZDJPY Approaching Support, Potential Bounce!

OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is approaching its support at 75.40 (76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce up to its resistance at 76.24 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 6.09% where a corresponding bounce could occur.

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