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NZDJPY Approaching Support, Potential Bounce!

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Pepperstone Broker  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
44
1
trendanalysis harmonicpatterns chartpattern
NZDJPY is approaching its support at 71.01 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 73.14 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its support at 1.52% where a corresponding bounce could occur.
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