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NZDUSD September, 28 2020
Overview:
We notice on the above chart that the pair is trading above a strong support level around 0.6500, which enhances the chances of a bullish move during today's trading.
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 0.6590
Alternative Scenario:
On the other hand, we believe that if the 0.6500 level is broken down, it might push the pair down to 0.6450
| Resistance | 0.6590 | 0.6620 | 0.6650 |
| Support | 0.6500 | 0.6450 | 0.6420 |
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