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NZD/USD Signal - USD Markit Manufacturing Data - 4 Jan 2021

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Signal Details
Entry Price: 
0.7190
Take Profit: 
0.7223
Stop Loss: 
0.7169
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (2 votes)

NZDUSD has found support at the 0.7185 pivot today ahead of the USD Markit Manufacturing Data. The data captures business conditions in the manufacturing sector. Technically the pair has held above the 0.7185 pivot and we anticipate further upside into the 0.7223 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.