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Talking Points

  • Prices broke resistance 0.8259 (38.2% Fib ret.), exposing 0.8313 (50% Fib ret.)
  • A further push above that aims for 0.8367 (61.8% Fib ret.)
  • Reversing below 0.8204 (channel top) targets 0.8110 (horizontal pivot)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_nzd-usd_body_Picture_12.png, Forex: NZD/USD Technical Analysis – Aiming Above 0.83 Figure

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

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