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NZD/USD Signal - USD 6 Month Bill Auction

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Signal Details
Entry Price: 
0.7274
Take Profit: 
0.7340
Stop Loss: 
0.7234
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDUSD is pushing to the upside today prior to the USD 6 month bill auction, which will reveal the yields for the bill. Technically the pair is at a support structure zone, having traded to the upside after disappointing Non Farm Payroll data. The pair is also above the bullish trendline.

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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.