EURNZD Approaching Resistance, Potential Reversal
EURNZD is approaching its resistance at 1.6571 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.6468 (horizontal swing low support).
Stochastic (21, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
Stochastic (21, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
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