NZDJPY Approaching Resistance, Potential Reversal
NZDJPY is approaching its resistance at 78.14 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is has a potential to reverse down to its support at 77.70 (horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal might occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal might occur.
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