NZDJPY approaching resistance, potential drop!

FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is approaching our first resistance at 72.32 (horizontal pullback resistance, 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 70.80 (horizontal swing low support, 50% fibonacci retracement ).
RSI (89) is also approaching our resistance and we might see a corresponding drop in price should it drop below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out