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NZD/USD turning bullish after recent weekly low

Nzd/Usd is turning bullish as several indicators and the price action suggests
On the monthly chart we find that there is sideways action in the pair,
and it seems that the price is bottoming out near the lower border of the monthly sideways channel
Stochastic seems to be turning up here, while RSI-14 remains below 50
Nzd/Usd monthly chart
The weekly chart provides some very interesting facts:
both the RSI-14, as well as the stochastic indicator show bullish divergence
while price action does no…
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AdamFx42 avatar
AdamFx42 16 Jan.

After a bit more bearish sentiment, pair is finally holding above 0,78
Need another bullish move towards o.79 to confirm turnaround in sentiment,
and acknowledge my prediction

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