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NZDUSD facing bearish pressure, potential reversal | 6 July 2020

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
FXCM Broker  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD NZD USD nzdusdlong nzdusdshort
74
4
trendanalysis harmonicpatterns chartpattern nzdusd nzd usd nzdusdlong nzdusdshort
Price is reaching our first resistance in line with our 127.2% fibonacci extension and 127.2% fibonacci retracement where we could see a reversal below this level. Stochastic is reaching our resistance as well.
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NZDUSD facing bearish pressure, potential reversal | 6 July 2020
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