NZDUSD at Key Support and August Range Low- Exhaustion or Break?

Back on July 14th we warned of possible exhaustion on the long-side of NZDUSD as the pair approached the 2011 highs around 8840. The subsequent turnover went well beyond all our support objectives and the kiwi now finds itself approaching key support to open August trade. The 8440/50 region is…

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NZDUSD at Key Support and August Range Low- Exhaustion or Break?

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