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Resistance at swing area and old topside trend line
The NZDUSD moved above the 200 hour moving average (green line in the chart below) for the 1st time since February 26 earlier in the day. HOwever, that break ran into the 38.2% retracement of the move down from the February 25 high, and could not go any further.
Search Web: NZDUSD makes another run toward resistance
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