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NZD Breaches 100-Day MA As The Bears Roar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 4, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The New Zealand Dollar fell strongly overnight as a highly negative Global Dairy Trade (GDT) result saw bearish selling mount. The pair now looks to be under significant pressure as price action falls rapidly below the 100-Day moving average.[​IMG]

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