NZD/USD Stair Stepping Higher
Chart Prepared by Jamie Saettele, CMT
-Recent NZD/USD comments noted that “short term channel support is just below .6700 over the next few trading days and could provide support. Weakness below there would shift focus to the November low at .6430.” The rate turned up before the mentioned channel, which is still of interest for support if reached. Channel resistance is near .7030 over the next few days.
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