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NZDUSD - Targeting Further Downside Pressure On Price Failure

Discussion in 'Technical Analysis' started by Kaitlin, Feb 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    NZDUSD The pair closed flat the past week leaving risk of a move lower on the cards. As long as the 0.6542/58 zone continues to hold as resistance, the pair looks to weaken. This is consistent wit its medium term downtrend. Support lies at the 0.6400 level where a[​IMG]

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