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NZD/USD Technical Analysis

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar

As suggested earlier, the counter found support at the supportive trendline and bounced off.
Now, it has broken the resistive trendline as well and consolidating just above it.
We expect the pair resume to bull trend and head to the immediate resistance marked in the chart.
The support zone marked in the chart can cap any declines.

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