The NZD/USD pair shows a bullish outlook on the daily timeframe, having broken out of a descending channel and completed a 38% to 50% retracement. Following the Elliott Wave 12345 pattern, the price has finished the 4th wave at a key level, suggesting an upward move towards completing the 5th wave. This signals potential for further bullish momentum.
Technical IndicatorsnzdusddailynzdusdlongnzdusdshortnzdusdtradeTrend AnalysisWave Analysis

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