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NZDJPY Approaching Resistance, Potential Reversal!
NZDJPY is approaching its resistance at 75.43 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially react off, causing price to fall to its support at 74.15 (100% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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