New Zealand Dollar Forecast to Gain Unless this Changes
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It is likewise encouraging to note the NZD showed a daily close above key resistance at $0.6900, and the next major price level to watch is now the $0.7200. It would take a substantive shift in retail trader sentiment to change our bullish trading bias.
See next currency section: XAUUSD - Gold Prices Likely to Remain Range-bound
Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.