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    NZD/USD: technical analysis on 28.01.2016

    On the daily chart, the pair is trading in the lower Bollinger band, not far from its long-term trendline. The price remains below its moving averages that start turning down. The RSI keeps testing the resistance level in the Bearish zone it cannot overcome since last week. The Composite is about to retest its most recent resistance as well.

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