Forex: NZD/USD Technical Analysis – Overturning Bearish Break?
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- Prices are testing back above support-turned-resistance at 0.8214 (38.2% Fib ret.)
- A close above this barrier exposesthe 0.8382-0.8435 area (Sep 18-19 highs)
- Turning back below 0.8214 targets 0.8113 (50% Fib retracement)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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