NZD/USD Price Analysis: Bulls breaking structures left, right and center

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NZD/USD Price Analysis: Bulls breaking structures left, right and center
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NZD/USD Price Analysis: Bulls breaking structures left, right and center NZDUSD Currencies Technical Analysis

NZD/USD bulls are moving in and eye a run to the 0.6180s.. The pair is 0.45% higher and has rallied from a low of 0.6125 to a high of 0.6166 so far.

Zooming in, we can see that the price moved beyond a prior cluster of support but has hit a brick wall just above it at the next layer of old support in the 0.6160s. A pullback into the trendline support is a possibility where buying interest could emerge again somewhere within theInformation on these pages contains forward-looking statements that involve risks and uncertainties.

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