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unique4x
Oct 30, 2015 1:02 AM

Look To Short NZD/USD Short

New Zealand Dollar/U.S. DollarFXCM

Description

Very simple analysis on NZD/USD.

Our view is the same as Barclay's Fx desk which is that this pair has a bearish undertone.

The break below the 0.6695 range lows on increased volumes endorses our bearish view. A move below our nearby targets in the 0.6615 area would confirm lower towards 0.6455.
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