Kiwi index Approaching Resistance, Prepare For A Reversal
Kiwi index is approaching its resistance at 6.9707 (61.8% Fibonacci retracement , horizontal swing high resistance, 100% Fibonacci extension ) where it could reverse down to its support at 6.9256 (50% Fibonacci retracement)
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.