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XM FOREX BROKER: Technical Analysis
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NZDUSD Makes Corrective Move Higher to Pause Broader Downtrend But Upside Momentum Fades

NZDUSD maintains its downtrend from the September 20 high of 0.7434 but downside momentum has paused at 0.6817. The short-term bias has shifted to the upside after a strong rebound lifted the pair to 0.6942 earlier today. There were bullish signals on the 4-hour chart, as the market...

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