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NZDUSD 26.1.2023
Main Trend:
Bearish.
Expected scenario:
Update: Sideway movement. The pair might continue going downwards to reach 0.6350 – 0.6200 conditioned by the continuation of trading below 0.6550.
Alternative scenario:
The scenario fails and turns to bullishness after a close above 0.6550 with target: 0.6680.
The most important levels
Resistance:
0.6550 – 0.6680
Support:
0.6350 – 0.6200
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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