On Daily Chart, the Bullish Divergence may indicate the possibility of further upward momentum near the next resistance 0.7321 which may be the upper limit near term on Daily Chart.
On Both H4 and Daily Chart, You may spot the Double Tops Formation is in the Making, whereby the 0.7300 may be the limiting level.
Daily Chart
H4 NZD/USD
STRATEGY
SELL Down near 0.7300-0.7320
Target: First Target: 0.7165 (Tenkan-Sen line on Daily Chart)
Second Target: 0.7020 (61.8% Fibo Retr on Daily Chart)
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