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NZDUSD Bounced Off Support, Prepare For A Further Rise

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
ICmarkets Broker  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis NZDUSD NZD USD jpy CAD aud chf GBP
65
0
trendanalysis chartpattern waveanalysis nzdusd nzd usd jpy cad aud chf gbp
NZDUSD bounced nicely off its support at 0.6695 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6695 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support 6% where a corresponding rise could occur.
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