NZDUSD is approaching its resistance at 0.6717 (100% Fibonacci extension, 38.2%, 61.8%, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6635 (38.2% Fibonacci retracement, horizontal overlap support) could occur.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding drop could occur.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding drop could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.