Klimex

NZDUSD Approaching Resistance, Prepare For A Reversal

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is approaching its resistance at 0.6838 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it is expected to reverse down to its support at 0.6767(76.4% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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