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NZD/USD 07/02/19 | EconAlerts

Technical Analysis – NZD/USD posts 2-week bottom

NZD/USD erases bearish rally below an upward channel; posts 2-week bottom. NZD/USD plummeted below the upward sloping channel during yesterday’s session, which had been holding over the last month, creating a fresh two-week low near 0.6743. Currently, the price is easing slightly to the upside around the 50.0% Fibonacci retracement level of the up leg from

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