NZDAUD Bounced Off Support, Prepare For A Further Rise
NZDAUD bounced nicely off its support at 0.9487 (horizontal overlap support, 61.8% fibonacci extension , 38.2% fibonacci retracement ) where it could potentially bounce to its resistance at 0.9523 (horizontal overlap resistance, 61.8% Fibonacci extension ).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Penafian
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