NZDUSD approaching strong resistance where reversal could occur

NZDUSD is fast approaching strong resistance at 0.7341 (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push prices down to 0.7250 support (Fibonacci retracement, horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance at 93% where a corresponding reaction could occur.

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Chart PatternsHarmonic PatternsNZDNZDUSDnzdusdanalizinzdusddailynzdusdlongnzdusdsellnzdusdshortnzdusdtradeTrend AnalysisUSD

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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