NZDUSD 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 potential bounce 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.