Looking at NZDUSD 14 April 2023 on the weekly timeframe, it can be seen that this pair is experiencing bullish even though it is still in the range between 38.2 and 50.0 Fibo. If referring to stochastic and the MFI indicator looks like this pair will still experience a bullish trend and if this pair manages to penetrate the level of 50.0 towards 61.8 Fibo, then go-long could be an option. On the other hand we can wait for further indications or trade at your own risk.
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