NZD/USD Channel Resistance and 200 Day Average are Near .70
Chart Prepared by Jamie Saettele, CMT
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-NZD/USD triggered a short term double bottom and blew through the target. Given the long term picture, dips should be bought. There probably isn’t solid resistance (as in a place that could cap the bird for at least several weeks or more) until near .70. .70 represents channel resistance and the 200 day average.
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