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Navigating NZDUSD's whipsaw market: Key technical levels and breakout clues

Navigating NZDUSD's whipsaw market: Key technical levels and breakout clues
The NZDUSD has experienced a rollercoaster of price action today, with values initially staying above yesterday's low of 0.61107 before climbing higher. This upward momentum managed to surpass a critical swing area between 0.6119 and 0.61266, as sellers became buyers. During the Asian and early European sessions, the price continued to rise above the 100-hour moving average, reaching another swing area between 0.6154 and 0.61595. At the upper end of this range, the 200-day moving average looms,... Read More
Posted: Apr 27 2023, 19:57
Author Name: forexlive
Views: 102294

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