NZDUSD is on pivot, potential to dip | 21st oct

Price is approaching in a ascending trend line . If price were to break the ascending trend line , price can do a reversal and continue to dip to the take profit level of 0.70380 which is also Fibonacci retracement level of 38.2% and 78.6% projection level. Our bearish bias is supported by stochastic as it is near resistance level .

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Chart PatternsHarmonic PatternsNZDNZDUSDTrend AnalysisUSD

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