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Possible start of a bullish trend on NZD/USD

NZD/USD has broken through a line of 0.6776. If this breakout holds true, we could see the price of NZD/USD heading towards 0.6797 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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USD/CHF is approaching 0.9178. We expect either a breakout through this line, or a rebound.

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