The NZDUSD pair is nearing the end of its corrective movement to retest the downtrend line from the 23.6% Fibonacci level, alongside the 100-period moving average on the 4-hour timeframe. I anticipate a bounce from this level, with the price heading towards 0.6150 as the first target and 0.6100 as the second target.
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Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
交易進行