ICmarkets
Long

NZDUSD Approaching Support, Potential Bounce

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is approaching its support at 0.6575 61.8% Fibonacci extension , 76.4% Fibonacci retracement , Horizontal pullback support) where it could potentially bounce to its resistance at 0.6727 (38.2% Fibonacci retracement , horizontal overlap resistance).
Stochastic (34, 5, 3) is approaching its support at 5.4% where a corresponding bounce could occur.
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