The medium-term bullish cycle for NZDUSD is currently undergoing a healthy retracement phase. Following a sharp impulsive move, this correction is attempting to find support between the Fibonacci 0.5 and 0.618 levels. Our primary strategy is centered on the alternative that a new impulsive leg will commence once the descending trendline is breached. We will finalize our targets as upward continuity is established. Don't forget to subscribe to our newsletter for instant access to professional trade plans!
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