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Sterlina / Dollaro neozelandese
Long

GBPNZD approaching support, potential bounce!

Di Tickmill
Broker
GBPNZD is approaching our first support at 2.000 (horizontal pullback support, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 2.0198 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
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Chart PatternsForexforexsignalsforextradingGBPGBPNZDgbpnzdlonggbpnzdshortHarmonic PatternsNZDTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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