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The NZDUSD strengthens its foundation of support - Analysis - 12/09/2023
2023-09-12 14:43:06 posted on
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The NZDUSD pair establishes a base of support above the 0.5900 level, increasing the likelihood that a bullish wave will begin intraday and advance toward 0.6020 at first.
As a result, a bullish bias will be recommended for today, with the caveat that breaking 0.5900 will end the favorable scenario and cause the price to once again decrease.
A trading range between 0.5880 support and 0.5980 resistance is anticipated for today.
Today's anticipated trend is bullish.
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