NZD/USD Price Analysis: Bulls eye a significant correction to the upside NZDUSD Technical Analysis
, the surprise hawkish decision from the Reserve Bank of Australia has tugged the Bird along as well. At the time of writing,The following will illustrate the bias for an upside move on Wednesday:The weeklñy M-formation is compelling. This is a reversion pattern and the bulls are moving in for a target toward the neckline and a 61.8% Fibonacci. This meets the trenmdlñine resistance as well.
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