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Thursday, November 30, 2017

NZDUSD is set for further downside as decline continues

NZDUSD appears to be carving out a lower top after reversing back down from the November 28 high of 0.6945. The recent corrective move from 0.6780 stalled and downside momentum gained speed, turning the focus back to the downside. Looking at the 4-hour chart, RSI is now in bearish territory below...
NZDUSD is set for further downside as decline continues

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