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NZDUSD approaching resistance, potential drop!

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Dolar New Zealand / Dolar A.S. (FX:NZDUSD)  
easyMarkets Broker  
FX:NZDUSD   Dolar New Zealand / Dolar A.S.
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD NZD USD nzdusdlong nzdusdshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern nzdusd nzd usd nzdusdlong nzdusdshort forex forextrading forexsignals
NZDUSD is approaching our first resistance at 0.6717 (horizontal overlap resistance, 100% Fibonacci extension, 23.6%, 38.2%, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6612 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
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