NZDJPY Approaching Resistance, Potential Reversal!
NZDJPY is approaching its resistance at 74.80 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 74.24 (50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
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