NZDUSD approaching resistance, potential drop!

NZDUSD is approaching its resistance at 0.6960 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where it could potentially react off, causing price to drop to its support at 0.6886 (78.6% Fibonacci retracement, horizontal swing low support)
RSI (34) is seeing a bearish exit and approaching its resistance where we might see a corresponding drop in price should it react off this level.
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Chart PatternsForexforexsignalsforextradingHarmonic PatternsNZDNZDUSDnzdusdlongnzdusdshortTrend AnalysisUSD

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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