Forex: NZD/USD Technical Analysis – Channel Top Resistance Held
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- Prices are pulling back from falling channel resistance (0.8223)
- Support is at 0.8106, with a break lower exposing 0.7972 (channel bottom)
- A reversal higher initially aims for swing highs at 0.8242 and 0.8334
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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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