NZD/USD remain bullish above major support

We remain bullish looking to buy above major support at 0.7202 (Fibonacci extension, horizontal swing low support) for a further push up to at least 0.7331 resistance (Fibonacci retracement, horizontal swing high resistance).

RSI (34) sees an ascending support line holding the price up but faces intermediate resistance at 57%.

Buy below 0.7202. Stop loss is at 0.7153. Take profit is at 0.7331.


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