NZD/USD Technical: Pulled Back Towards Potential Bullish Inflection Zone

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<p>Medium-term uptrend phase from 26 October 2023 remains intact. 6240 is the potential bullish inflection level. Hourly RSI has flashed a bullish momentum breakout condition. The Kiwi (NZD/USD) has been oscillating within a medium-term uptrend phase in place since 26 October 2023 low of 0.5774. So far, it has rallied by +596 pips/+10.3% to print […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533646-nzd-usd-technical-pulled-back-towards-potential-bullish-inflection-zone/">NZD/USD Technical: Pulled Back Towards Potential Bullish Inflection Zone</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>