On the NZDUSD daily chart, we can see that the pair is breaking above the 200 SMA 0.6866 level and a strong long-term resistance zone 0.6780-0.6850. Since the pair is reaching 50% of the Fibonacci retracement of the last swing 0.7520-0.6400 swing down and we have over the weekend gap up wait for a retest before the long trade entries,
Note: Look for the pullback into the 0.6780-0.6850 zone for the new trade entries.
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