NZDUSD on Daily

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Price has pulled back into a key level zone of support & resistance looking left, where a very strong movement has occurred. This zone also aligns with the 61.8 fibonacci retracement & is a very strong area of confluence where above this region I could see buyers push price back to the upside again.

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4 Hour Timeframe Outlook

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Weekly: Potential Inverted Hammer candle at the key level zone

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Nice initial movement from the key level zone for over 50 pips currently

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