NZDJPY Approaching Resistance, Potential Reversal
NZDJPY is approaching its resistance at 72.38 (100% Fibonacci extension, horizontal overlap resistance) where it could potentially reverse to its support at 70.99 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.