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Tickmill
Apr 25, 2019 3:05 AM

NZDUSD approaching support, potential bounce! Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is approaching our first support at 0.6556 (76.4% Fibonacci retracement, 100% Fibonacci extension) where we might be seeing a bounce to our first resistance at 0.6708 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support.
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