NZDJPY approaching support, potential bounce!

FX:NZDJPY   New Zealand Dollar / Japanese Yen
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.


Momentum looking heavy, personally hope it's gonna bounce, probably gonna break towards 74.1 area.
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