NZDUSD is approaching our first support at 0.6707 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, Elliot wave structure) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6821 (50% fibonacci retracement, Horizontal pullback resistance).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
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