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FX.co ★ NZDUSD major reversal!

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Forex Analysis:::2023-03-06T13:50:06

NZDUSD major reversal!

NZDUSD major reversal!

We're seeing major resistance at 0.6200 for NZDUSD which is a key overlap resistance and a 23.6% Fibonacci retracement. Price is below a descending resistance line along with the bearish Ichimoku cloud suggesting that price might drop strongly from here.

Analyst InstaForex
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