NZDUSD potential for further uptrend | 18th Jan

Price is trading in an ascending channel and is near buy entry level of 0.68559 which is also 127.2% Fibonacci projection and 78.6% Fibonacci retracement. Price can potentially go the take profit level of 0.68559 which is also 78.6% Fibonacci projection. Our bullish bias is supported by the stochastic indicator as it is at support level.

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