NZDUSD Ascending Channel Trading

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DAILY
We are trading in ascending channel, a breakout of 0.6600-0.6580 area would impact of 0.6690 area soon, moreover hold of 0.6600-0.6580 area would impact to touch again 0.6725 area. This week we also had a USD (Federal Funds Rate) that showing weakness in USD pairs.

NOTE
Always take 1% risk on each trade for capital preservation.

Regards:
Carlos Smith.

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