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Klimex
Apr 11, 2019 3:25 AM

LONG Kiwi index Approaching Support, Prepare For A Bounce Long

NZDAUD/0.95+NZDJPY/75.75+NZDUSD/0.68+NZDEUR/0.6+NZDGBP/0.52+NZDCHF/0.68+NZDCAD/0.9ICE

Description

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Kiwi index is approaching its support at 6.9441(61.8% Fibonacci extension , horizontal swing low support, 61.8% Fibonacci retracement ) where it could potentially bounce to its resistance at 7.0079 (38.2% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.

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