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Wednesday, January 3, 2018

NZD/USD stalling at key levels; tug of war ensues

The pair is hovering near the 0.7100 level awaiting the next move I highlighted here yesterday that the 50.0 retracement level and the 200-day MA level (both now at 0.7107) will be the area that takes centre stage for the pair - if it were to try and break to the upside. US trading failed to
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