The NZD/USD pair is showing strong bullish momentum, and we are targeting the 70% Fibonacci retracement level. The recent price action indicates a potential upward movement, supported by positive market sentiment and technical indicators. As the pair approaches the 70% Fib level, we anticipate further buying interest, which could drive the price higher. Traders should keep an eye on key resistance levels and manage their risk accordingly. This setup presents a promising opportunity for those looking to capitalize on the bullish trend.
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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.