Where a D1 indecision level and the resistance of a H4 falling wedge intercept, price respected. NZDUSD is currently beginning to push off the resistance, however, expect some consolidation around the zone pictured above for the possible formation of a fibonacci retracement. A bullish DXY is another NZDUSD sell confirmation due to the fact that USD is the quote currency.

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d1h4indecisionNZDUSDSELLSupport and ResistanceTrend Analysis

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