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NZDUSD Technologies
NZDUSD tried to break on the negative side today, as it decreased under the main and moving swing for 200 days 0.58836, but after reaching 0.5869, the price recovered quickly, disappointing for the sellers. The price now shows signs of stability as buyers push back.
The sellers got a shot less than 0..5883 to 0.58927. You missed them.
Earlier this week (Wednesday), the husband moved up near The highest levels of April at 0.60281 (up to 0.6022)This indicates that strong resistance remains at the upper limits of the scope of monotheism. So buyers also had their shot, but they failed to extend a higher extension.
Between 0.58836 support and resistance at 0.6028, it is a A group of moving averages (100 hours, 200 hours and 100 bar on the graph for 4 hours) around it 0.5945-0.5955 He now sits near the middle of the last domain and represents a major barrier for buyers on any recovery.
At the present time, the price procedure is still besieged between the resistance near 0.6018 And support it 0.5886. A break outside this range – especially with momentum – will be needed to determine the next directional bias.
The main levels of watching:
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Supports: 0.5886 -0.5893 (200 days)
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resistance: 0.5950 -0.5965 (MA Group), then 0.6018
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Detaire confirmation: It opens a sustainable break less than 0.5886 room about 0.5820 and 0.5771
Later this year,
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