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Some Of The Key Quotes

Ferdinandez

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“NZD/USD saw a deeper setback towards support at the 0.7153/44 lows yesterday, which have held as expected. We look for the market to continue to hold above here to maintain a high-level range, prior to the core bull trend eventually resuming, with the core uptrend still very much intact and a very large ‘head and shoulders’ base still in place.”

“We see resistance initially at 0.7209, then 0.7281/86, ahead of a test of the April 2018 high at 0.7395, where we would expect to see fresh sellers at first to maintain the new range.”
 

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