NZDUSD has formed bullish divergence on 1H timeframe indicating a potential upside move. It is currently trading over premium fibonacci levels of 78% of daily timeframe and price is on weekly ascending trendline increasing the chances of potential retest and bounce up from this level. We can look for buying setups at this price range.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.