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NZD/USD sees solid resistance

  • 55 DMA and the 61.8% fibo at 0.7618 are close and may weigh on profit

  • Cloud is thin so offers little resistance but stays bearish

  • Short trades are in play targeting 0.7315

  • Trend studies are overbought

  • Prices need to clear the 10 DMa to gain confidence in bears again

 

  • Market Data
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