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NZDUSD: Potential rally towards major swing high
Price has just broken a key overlap resistance at 0.6430 and at the same time, we see bullish momentum from our short term ascending support and the bullish ichimoku cloud. This could provide enough momentum to take prices up to 0.6516 which is a major swing high resistance.
Our stop loss is placed at 0.6354 which is an overlap support.
Our stop loss is placed at 0.6354 which is an overlap support.
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