NZDUSD approaching 1st support, potential for bounce!

Price is approaching 1st support, in line with 38.2%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing low support, where we could see a bounce and further rise towards 1st resistance, in line with 78.6% Fibonacci extension and horizontal swing high resistance. Price is holding above both the ascending trendline and Ichimoku cloud supports, showing signs of bullish pressure.

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