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Sep 25

TECHNICAL ANALYSIS BY NSFX 25.09.2015

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As we can see on D1 chart, the pair has been consolidating, but risk remains to the downside. NZDUSD is trading at 0.6358 with a high of 0.6375 and a low of 0.6308. We undoubtedly foresee long term trend has been bearish as this pair has been unable to hold onto 6 year’s lows due to various fundamental reasons.

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