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NZD/USD Signal - NZD Electronic Card Retail Sales - 10 Dec 2020

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Signal Details
Entry Price: 
0.7018
Take Profit: 
0.6980
Stop Loss: 
0.7067
Direction: 
Sell
Result: 
Loss
How we trade
Average: 5 (1 vote)

NZDUSD is trending to the downside today after NZD Electronic Card Retail Sales , which measures purchases made in New Zealand on debit, credit and store cards. Technically the pair has broken below the 0.7045 pivot and we are looking for further downside in the kiwi today into the 0.6980 level.

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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.