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  • Canadian #Dollar Forecast: $USDCAD Bears Fail at Support- March Levels - https://t.co/XkyFns8odx https://t.co/8Q4Tu0viz0
  • I feel the LaserEyes trend is a more effective social spread because of the visual impact. Kind of disappointed the community hasn't gotten a more tangible visual cue for BTD / BTFD. Or maybe there is one and I'm just behind the trend....which happens a lot recently
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.87% 🇨🇦CAD: 0.78% 🇳🇿NZD: 0.45% 🇪🇺EUR: -0.19% 🇯🇵JPY: -0.20% 🇨🇭CHF: -0.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/U3yK9hfDka
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  • The Canadian Dollar has failed a break below a critical support confluence we’ve been tracking for months now and leaves the bears vulnerable while above. Get your $USDCAD market update @MBForex here:https://t.co/YTFgmidyov https://t.co/xZcofFQWJP
  • AUD/USD sharply higher following last week's decline $AUDUSD https://t.co/cxrl9O6Jvi
NZD/USD Classical Technical Report 05.09

NZD/USD Classical Technical Report 05.09

Joel Kruger, Technical Strategist
kiwi_techs_body_nzd.png, NZD/USD Classical Technical Report 05.09

NZD/USD: A bout of multi-week consolidation has finally been broken to the downside, with the market clearing some key support by 0.8050 and now opening the door for a fresh downside extension over the coming days. From here, look for setbacks to extend towards next key support in the 0.7700 area, with any rallies now expected to be very well capped below 0.8100.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

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