Forex: NZD/USD Technical Analysis – November Bottom in Sight
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- A break below 0.8158 (38.2% Fib exp.) has exposed 0.8104 (50% Fib exp.)
- Pushing further beneath that targets 0.8050 (61.8% Fib exp.)
- Turning back above 0.8158 eyes 0.8225 (23.6% Fib exp., falling channel top)
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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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