Kiwi is drawing a double top setup. A 61.8% retracement of this recent leg down could be a nice entry point. Targets set based on market structure.
Note
Although 1st target was hit and turned out to be a major resistance level, the pair did not confirm the '2 618' setup.
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Disclaimer
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.