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Author Archives: NZD Editor

NZD/USD: Trading under pressure – ANZ

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NZD/USD Breakdown Needs Confirmation

Price managed to break below the 23.6% retracement level and below the 0.7375 static support (support turned into resistance). Has increased today and could come back to retest the broken levels, will drop towards the fourth warning line (wl4) if ...

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NZD/USD Breaks Down Ahead Of RBNZ Decision

The past three months have generally seen a sharp rise for the NZD/USD currency pair, driven mostly by a heavily pressured US dollar that has fallen significantly against most of its major counterparts. Since the late-July peak above the key ...

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