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NZDUSD is quickly approaching a very important level it has previously tested numerous times in the past

NZDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 9 hours.

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We expect GBPUSD to trend downwards today.

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US Oil formed a Channel Down on the 1 hour chart. Retest of resistance in sight.

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