The market has been slightly bearish in recent times for NZDUSD. However, the support at 0.6845 has not been broken since May except for the two blips on the diagram below which points to price respecting that support which I suspect will lead to a role reversal at WPP with a target of WR2.

NZDUSD H4

Role reversal at WPP with a target of WR2

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