NZDUSD is under strong bearish pressure and see our 1st resistance at 0.6920 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud, bearish channel) and a strong reaction could occur at this level to push prices down further towards major 1 year swing low support at 0.6784.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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