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Nzd/Usd shows me a double bottom on the weekly chart;
this indicates to me that a move up should follow
On the weekly chart we can see the double bottom in place
which is followed by a huge bounce from the low level,
this indicates that the price will move away some more from the lows
Nzd/Usd weekly chart
On the daily chart the last move up provides us with fibonacci retracement and expansion levels
the fibonacci retracement level of 61.8% should act as support and lies just above 0.78,
the fibo…
this indicates to me that a move up should follow
On the weekly chart we can see the double bottom in place
which is followed by a huge bounce from the low level,
this indicates that the price will move away some more from the lows
Nzd/Usd weekly chart
On the daily chart the last move up provides us with fibonacci retracement and expansion levels
the fibonacci retracement level of 61.8% should act as support and lies just above 0.78,
the fibo…