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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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NZD/USD at perfect selling area, time to sell

Price has made a bearish channel exit triggering, so we look to sell below major resistance at 0.7126 (Fibonacci retracement, pullback resistance) for a push down to 0.6956.

RSI (34) is below a long-term descending resistance line.

Stochastics (21,5,3) is below major resistance at 90% too.

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