The bearish trend line was broken in both the 4hr chart and in day chart. RBNZ is holding their rate cut decision as the economy performs well. And the trade deal between china and USA will strengthen the AUD and NZD This pair is currently trading at resistance level which is 72.600 we may expect a short term fallback towards 71.720 level which is a support zone as well as the 78.6% Fibonacci From this level we may expect a further upward rally towards 74.400 Potential stop lose may placed at 71.220 level...
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