NZDUSD Tests Trendline and 20 Day Average
Prepared by Jamie Saettele, CMT
The NZDUSD has retraced most of the decline from 8286. A setback from the current level, reinforced by trendline resistance and former support at 8233, encounters support at 8190-8200. 8330 is resistance this week and 8140 serves as the pivot.
Bottom Line (next 5 days) – ?
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