NZD/USD profit target reached, time to start buying

NZD/USD has dropped and reached our profit target. We are looking for buying opportunities above 0.6833 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to 0.6940 resistance (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance). Stochastic (21,5,3) is seeing strong support above 9.2% from where we expect a bounce. Correlation analysis: […]