NZDUSD Technical Outlook

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
138 0 4
NZDUSD             reached the lower band of its rising channel and now we expect the bulls to gain the upper hand here and the push the price up. Risk of shorting the kiwi is extremely high and we think if the bulls can break the descending channel , kiwi will rise to the 8750 - 8800 area.
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