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22.05.201806:56 Forex Analysis & Reviews: Technical analysis of NZD/USD for May 22, 2018

Long-term review

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On the 4-hour chart, the NZD/USD pair is going to test resistance which has become the support level at 0.6920 before the price rebounds again to reach the target at 0.6984. As long as 0.6881 level (Critical Level) does not be break out, usually 60% of the time this pair will continue going up to reach its nearest resistance as a target.

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