NZDUSD facing bearish pressure, potential reversal | 6 July 2020

NZDUSD facing bearish pressure, potential reversal | 6 July 2020 for FX:NZDUSD by FXCM

NZDUSD facing bearish pressure, potential reversal | 6 July 2020



Price is reaching our first resistance in line with our 127.2% fibonacci extension and 127.2% fibonacci retracement where we could see a reversal below this level. Stochastic is reaching our resistance as well.

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