NZD/USD Trendline Confluence Near .7100
Chart Prepared by Jamie Saettele, CMT
-Recent NZD/USD comments noted that “the rate turned up before the mentioned channel support. Channel resistance is near .7050 over the next few days.” NZD/USD has traded up to .7050. A confluence of trend and channel lines converges near .7100 over the next few days.
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