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NZDUSD: Trend-Following Bearish Setup ðģðŋðšðļ
OANDA:NZDUSD
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NZDUSD is trading in a long-term bearish trend.
After a strong selloff, the pair was consolidating since the middle of August
within a horizontal range.
The support of the range was successfully broken last week.
The violation will most likely trigger a trend-following movement.
Next support - 0.577
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