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NZDJPY approaching support, potential bounce!

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Tickmill Broker  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns NZDJPY NZD nzdjpylong nzdjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern nzdjpy nzd nzdjpylong nzdjpyshort forex forextrading forexsignals
NZDJPY is approaching our first support at 75.43 (horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 77.19 (horizontal swing high resistance, 50% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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