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NZDUSD broke out major support level, watch for a possible drop!

Por Tickmill
Corretora
NZDUSD is starting to break our major support-turned-resistance level at 0.7276 and a strong drop could occur from here to push price towards 0.7184 support (Fibonacci retracement, horizontal overlap support). We require a stronger close below our 1st support level at 0.7276 to add further conviction to the bearish setup.

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Chart PatternsforexsignalsHarmonic PatternsNZDNZDUSDnzdusddailynzdusdlongnzdusdsellnzdusdshortnzdusdtradeTrend AnalysisUSD
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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