NZDUSD Hammer 4-Hour Chart

Resistance: 0.8270 strong/0.8300 moderate/0.8353 minor Support: 0.8216 moderate/0.8186 minor/0.8133 minor Market bias for NZDUSD is bearish with prices under a strong resistance level at 0.8270 the Pivot Point. Given that Hammer is a low level bullish reversal pattern it is necessary to look for a close above the strong resistance first before taking action. Immediate objective when taking a buy should be a push for 0.8300 break of which opens 0.8353, a stop loss should be placed below the

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NZDUSD Hammer 4-Hour Chart

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