NZD/USD is currently in an interesting layout. Chart H4 shows that the price still respects the edges of the bearish channel. The current upward movement now achieves exactly the same value as the previous correction. The strengthening of the American currency comes at the right moment. After a few days of growth, today the movement may stop. Even a correction to the nearest support on the H4 around 0.69, may draw a supply pin bar on the daily chart, which could be read as a return to a wider down trend.

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