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NZDUSD: WEEKLY ANALYSIS

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At the time, the fundamentals are not reflected in the technical environment, but we are Traders, and we have to limit ourselves to read charts. This is not a setup, but an analysis that will help us in the coming weeks, in the search for pattern and entry levels for our trading. At the moment, we remain witk a bullish view on this pair.
Good trading everyone!

SignalSwiss

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new highs for nzdusd!

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The New Zealand Dollar also found support from data. NZ PMI Services increased from the prior period, reporting a reading of 57.9 vs. 54.5 in July. Westpac Consumer Confidence also showed an increase in the third quarter with a reading of 108 vs. 106 the prior period. The RBNZ meets later this week and having just lowered rates in August, no changes are expected.

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