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NZDUSD whittles away at the post RBNZ cut gains

Discussion in 'Technical Analysis' started by ForexLive, Aug 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Rate was centered around 0.7200 before cut Typically, a cut leads to a fall in a currency. There may be a corrective move higher that takes the price back toward the price that traded before the cut.

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