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NZD/USD sees solid resistance

Thursday, February 26, 2015 9:14 AM UTC

55 DMA and the 61.8% fibo at 0.7618 are close and may weigh on profit
Cloud is thin so offers little resistance but stays bearish
Short trades are in play targeting 0.7315
Trend studies are overbought
Prices need to clear the 10 DMa to gain confidence in bears again

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NZD/USD sees solid resistance

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