NZDUSD Buy signal on a repetitive pattern.

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NZDUSD is trading inside a Channel Down throughout the whole year.

The 1day RSI is on an uptrend, the same kind on the prior two bullish legs that both hit at least the 0.618 Fibonacci level.

With the 1day MA50 already broken, buy and target 0.61150 (Fib 0.618).

Previous chart:

NZDUSD Strong buy signal on this Bullish Cross


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