Chart of The Day $NZDUSD 11-18-2016

On the NZDUSD daily chart we can see that the pair is on a way to break 200 SMA (blue line) 0.7025 level. With the break of this level, and a confirmation, we could see extended downside and long term downtrend continuation. Downside support is 0.7100.

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nzdusd trend following strategy


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