NZDUSD (0.7306): The New Zealand dollar briefly tested the resistance level at 0.7333 which had previously served as support. The declines off this level could be validated on a close below the previous lows formed at 0.7257. A close below this level will indicate further bearish momentum that will see the Kiwi dollar targeting the next support at 0.7160. To the upside, in the event that NZDUSD closes above 0.7333, the consolidation near the top could continue.
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