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NZDUSD analysis

18.02.2021

Market Review

NZDUSD

The overall trend is upward. The currency pair is trading in the range of the lower border of the medium-term flat zone. The breakout of 0.7201 will result in the formation of an ascending wave pattern of the M30 level.

 NZDUSD rate online: monitor the price movement in real time.

Trading idea:

Buy at the breakout of 0.7201.

Stop Loss: 0.7156.

Target levels: 0.7253; 0.7304.

Author: GC
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