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NZDUSD Mid-Day Analysis | 3-Jul-2017

2017-07-03 04:17 pm | Resource: | No Views : 187


The NZDUSD did not break the resistance level of (0.7330) after two tries to penetrate that level, the price started to retrace to touch the uptrend formed started at (22/6/2017), if that trend were broken then the next support level would be (0.7252) and the next one would be (0.7168).

Estimated Trading range for NZDUSD is (0.7252) for support and (0.7378) for resistance.

Current short-term trend: Down.
Current mid-term trend: Up.

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