Klimex

NZDUSD Approaching Resistance, Potential Reversal

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is approaching its resistance at 0.7062 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.66964 (61.8% Fibonacci extension & 61.8% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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