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Dollaro neozelandese / Dollaro
Long

NZDUSD approaching support, potential bounce!

Di Tickmill
Broker
NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6826 (horizontal pullback resistance, 38.2% fibonacci retracement).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternsHarmonic PatternsNZDNZDUSDnzdusdlongnzdusdshortTrend AnalysisUSD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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