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NZD/USD Breaks Key Support

Started by PocketOption, Sep 15, 2022, 03:06 pm

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PocketOption

NZD/USD Breaks Key Support

The New Zealand dollar recovers over upbeat Q2 GDP. The pair came under pressure near a former support (0.6160) over the 20-day moving average. The long bearish candle is a sign of capitulation as the short-term mood tanks. A break below the psychological support of 0.6000 has invalidated the recent rebound and indicated that the […]


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