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The NZDUSD resumes the decline – Analysis - 19-03-2021
The NZDUSD pair resumed its negative trading after resting the broken support of the bullish channel that appears on the chart, to keep the bearish trend valid and active for the upcoming period, which targets 0.7100 level as a first station.
Moving below the EMA50 supports the suggested negative scenario, which will remain valid unless breaching 0.7250 and holding above it.
The expected trading range for today is between 0.7100 support and 0.7220 resistance
The expected trend for today: Bearish
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The AUDUSD declines again – Analysis - 19-03-2021
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