On the monthly chart, this pair has been running since 2011 in range 0.7700 - 0.8560. October's candle show how this pair tried to break the resistance, but failed and quickly fall and close lower than opening price. And november's candle show how strong bearish pressure. The major trend is bearish in range.
On lower time frame, daily chart show the candle break minor support at 0.8150 and still show bearish pressure. The movement have 2 scenario, first kiwi will trade between 0.7960 - 0.8150 and second, this pair will break 0.7960 an bounce back.


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