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Kiwi Nears Assist- Bears Beware


New Zealand Greenback Technical Value Outlook: NZD/USD Weekly Commerce Ranges

  • New Zealand Dollar up to date technical commerce ranges – Weekly Chart
  • NZD/USD plummets off late-2019 excessive however holding multi-month uptrend
  • Threat for Kiwi draw back exhaustion heading into key technical assist confluence

The New Zealand Dollar is poised to mark the fourth consecutive weekly decline in opposition to the US Dollar with NZD/USD down more-than 2.4% off the late-December highs. The pullback retains value inside the broader September rally and Kiwi might want to reply to close by assist to maintain the long-bias viable. These are the up to date targets and invalidation ranges that matter on the NZD/USD weekly value chart. Review my latest Strategy Webinar for an in-depth breakdown of this Kiwicommerce setup and extra.

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