NZD/USD Approaching Support, Prepare For A Bounce

NZD/USD is approaching its support at 0.6883 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6968 (horizontal swing high resistance).

Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.

NZD/USD is approaching its support where we expect to see a bounce.

Buy above 0.6883. Stop loss at 0.6833. Take profit at 0.6968.

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