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NZD/USD Rally to Stall Near 0.6571

posted by Avatar fx360 1062 days ago in USD, NZD, Technical made popular 1062 days ago

A bearish butterfly pattern is emerging on the 4hr NZD/USD increasing the odds for at least a temporary market reversal if prices rally to pattern completion near converging Fibonacci resistance near point D. This potential ceiling comes in right around previously established resistance (the high just above 50% on weekly) so we may see prices
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