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NZDUSD recently reversed up from the pivotal support level 0.65250 (former support pivot from the middle of July ), standing close to the lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from the end of June. Given the extended daily uptrend, storing bullish New Zealand dollar sentiment seen today – NZDUSD is likely to extend the gains toward the next resistance level 0.97000 (which has been reversing the price from the end of last month).
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