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NZDUSD approaching support, potential bounce!

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
easyMarkets Broker  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Harmonic Patterns Trend Analysis Chart Patterns NZDUSD NZD USD nzdusdlong nzdusdshort
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harmonicpatterns trendanalysis chartpattern nzdusd nzd usd nzdusdlong nzdusdshort
NZDUSD is approaching our first support at 0.67556 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement).
Stochastic is also approaching support.
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Losses can exceed the initial investment so please ensure you fully understand the risks.


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