Klimex

NZDJPY Approaching Support, Potential Bounce

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is approaching its support at 76.31 (38.2% Fibonacci retracement, Horizontal overlap support) where it could potentially bounce to its resistance at 77.53 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4.6%, where a corresponding bounce could occur.
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