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NZDUSD is inside a range box

mrlfx Posted 7 May as Analysis on NZD/USD, Target: 0.6865, Date: 2nd of July, 12:00 GMT  in #Technical analysis #NZD/USD #Support And Resistance #Rangebox
NZDUSD is inside a range box. The upper and lower levels of the range box are 0.7510 and 0.6815 respectively. The pair is falling towards the lower level.
Main support and resistant levels are
0.7510
0.6815
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Week Chart
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3 Comments
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mrlfx 25 May

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mrlfx 25 May

NZDUSD is actually tracing a falling wedge instead of  a loose rangebox. The pair is likely to fall towards the  lower trendline of the wedge.

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mrlfx 21 June



The pair is falling faster then expected. But it could still correct to mellow the fall.

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USD/MXN will consolidate

mrlfx Posted 19 Nov. as Analysis on USD/MXN, Target: 16.90580, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Fibonacci Retracement Levels #USD/MXN #Sma50 #Rangebox
USD/MXN is likely to consolidate and trace a rangebox. The pair is currently moving criss cross at 38.2% (19.2109) Fibonacci Levels.
Fibonacci Retracement Levels are
1005 (22.0091)
61.8% (20.2794)
50% (19.7451)
38.2% (19.2109)
23.6% (18.5498)
0% (17.4812)
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