JohnFortune

NzdUsd - Weak USD Benefits The Bulls

Long
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Last week price broke below key support at 0.68217 before failing to hold as resistance breaking back above this area. As a result, and with a weak USD, further advances seem likely next week with a correction (possibly even a retest of 0.68217 as support) to provide opportunities to look for longs towards key resistance at 0.69530.
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