SHORT Kiwi Index Approaching Resistance, Prepare For A Reversal

Kiwi index is approaching its resistance at 7.050(100% Fibonacci extension , 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its support at 6.990 (61.8% Fibonacci extension ,50% Fibonacci retracement , horizontal swing low support).

Stochastic (89, 5, 3) is approaching its resistance at 91% where a corresponding bounce could occur.
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