NZDUSD to retrace from 0.70

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
29 0 0
Pair is under big question, since now it’s touching importance support line which held since January. However, as we know USD is getting more and more momentum.Most probably, scenario would be as follows. Price will break the channel line and bounce from support level on 0.70 psychological level, which also has strong support and matches with 100MA.

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