NZD/USD prepare to turn bullish on major support

The price is approaching major support a t0.7146 (Fibonacci retracement, horizontal overlap support) and we expect to see a strong bounce off that level to push the price to at least 0.7345 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,3,1) is seeing strong support above 0.9% where we expect to see a corresponding bounce from. […]