NZD/USD Price Analysis: The 50% mean reversion is giving way in Asia

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NZD/USD Price Analysis: The 50% mean reversion is giving way in Asia
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NZD/USD Price Analysis: The 50% mean reversion is giving way in Asia By ross_burland NZDUSD Technical Analysis

NZD/USD weekly chart, prior analysis

We did not get a close above the 50%, but a 4-hour close would be equally as positive ahead of the NFP event, as per below. above, could be forming which makes the 0.6660's a potentially important supporting area. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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