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NZDUSD approaching resistance, potential reversal | 29 June 2020

By admin_mrketsIn ForexPosted June 29, 2020
NZDUSD approaching resistance, potential reversal | 29 June 2020 for FX:NZDUSD by FXCM


NZDUSD approaching resistance, potential reversal | 29 June 2020

New Zealand Dollar/U.S. Dollar FX:NZDUSD
FXCM



Price is reaching our resistance in line with our descending trend line , 78.6% retracement and 61.8% extension where we could see a reversal below this level. Stochastic is reaching our resistance as well.

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