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Klimex

NZDJPY Bounced Off Support, Prepare For A Further Rise

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Klimex  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns NZD jpy NZDJPY forexsignals
30
0
trendanalysis harmonicpatterns chartpattern nzd jpy nzdjpy forexsignals
NZDJPY bounced nicely off its support at 75.70 (50% Fibonacci retracement, horizontal swing low support, 61.8% Fibonacci extension) where it could potentially bounce to its resistance at 76.55 (horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
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