NZドル/円
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NZDJPY approaching resistance, potential drop!

NZDJPY is approaching our first resistance at 76.17 (horizontal swing high resistance, 38.2%, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 74.91 (horizontal pullback support, 100% Fibonacci extension).
Stochastic (55,5,3) is approaching resistance we might see a corresponding drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternsForexforexsignalsforextradingHarmonic PatternsjpyNZDNZDJPYnzdjpylongnzdjpyshortTrend Analysis

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