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NZDUSD – Channel Trading

NZDUSD – Kiwi/Dollar As discussed this week, we remain bearish on NzdUsd.  NzdUsd has reversed sharply off the Ascending Channel Resistance (False break thanks to Brexit).  Watch for resistance near 0.7150 and next near term support around 0.6830 (Year open level).  Stop loss above today’s spike 0.7300.  Remember to use good risk reward ratios (See […]

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