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HomeContributorsTechnical AnalysisNZD/USD Breakout In Play

NZD/USD Breakout In Play

MultiBank Exchange Group
By MultiBank Exchange Group

NZD/USD is trading in the green and tries to perforate the fourth warning line (WL4) of the major descending pitchfork. We may have a buying opportunity if will close above the WL4 and if will come to retest the 0.7484 support (resistance turned into support).

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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