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NZD/USD Signal - NZD ANZ Commodity Price - 3 Sep 2020

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Signal Details
Entry Price: 
0.6768
Take Profit: 
0.6799
Stop Loss: 
0.6740
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDUSD is trading to the upside as NZD strength prevails against the USD. NZDUSD is trading above the moving averages and the 0.6740 pivot, indicating bullish tendencies. We anticipate the ANZ commodity price data to spur NZD strength. The commodity price data is an early indicator of the price of exported goods. Upside targets are at 0.6799 and 0.6815 in extension.

Submitted by Toni H. on Wed, 02 Sep 2020 23:19:11 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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