NZDUSD Correction Nears Completion

The NZDUSD pair is nearing the end of its corrective movement to retest the downtrend line from the 23.6% Fibonacci level, alongside the 100-period moving average on the 4-hour timeframe. I anticipate a bounce from this level, with the price heading towards 0.6150 as the first target and 0.6100 as the second target.

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