NZDUSD is approaching our first resistance at 0.6742 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our first support level at 0.6678 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic is also approaching resistance where we 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.