The NZDUSD is back down testing the lower swing area | EdgeTradings

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The NZDUSD is back down testing the lower swing area


The pair failed on the RBNZ decision break, but stalled near resistance on the bounce. The RBNZ kept rates unchanged after the government imposed new lockdown restrictions and Covid cases started to increase. The initial move was for a break below support between 0.68805 and 0.68982. I wrote about the area in a . 

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