Get started
Klimex

Kiwi Index Approached Support, Prepare For A Further Rise

Long
NZDAUD/0.97+NZDJPY/76.5+NZDUSD/0.69+NZDEUR/0.61+NZDGBP/0.52+NZDCHF/0.69+NZDCAD/0.92  
Klimex  
NZDAUD/0.97+NZDJPY/76.5+NZDUSD/0.69+NZDEUR/0.61+NZDGBP/0.52+NZDCHF/0.69+NZDCAD/0.92  
Trend Analysis Harmonic Patterns Chart Patterns NZD USD kiwi index kiwiindex kiwidollar
30
1
trendanalysis harmonicpatterns chartpattern nzd usd kiwi index kiwiindex kiwidollar

Kiwi index approached its support at 6.8796 (horizontal swing low support, 100% Fibonacci extension,50% Fibonacci retracement) where it could potentially bounce to its resistance at 6.9311(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance ).

Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could occur.

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.