Hello,


NZDUSD has reached a new 1-year low at 0.56080, and from this point, the only direction appears to be upwards. The price is expected to move towards 0.574703, and if it manages to break and sustain levels above the 1-week pivot point at 0.580043, further gains could follow, with the next target being the 1-month pivot point.


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Pivot PointsSupport and ResistanceTrend Analysis

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