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NZD/USD: technical analysis on 25.03.2015

NZD/USD quotes have broken the upper border of the upward channel this week and reached a 2-month high at a level of 0.7697 on Tuesday. Today, the price has corrected, dropping to a level of 0.7600 (middle line of Bollinger bands) but failed to break it. The upper border of the former upward channel is likely to turn into the lower one of a new channel. 


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