NZDUSD is approaching our first resistance at 0.6718 (horizontal pullback resistance, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.6552 (horizontal swing low support). Stochastic (89,5,3) is also approaching our resistance and a reaction below this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.