The Kiwi Holding 0.6500 For Now

With the strong USD overnight, the Asian currencies have been under a bit of pressure. While the moves haven’t been too big, the NZD/USD is clearly the big mover so far.

It’s down below support at 0.6500 and so far it’s holding.

This is a big round number level, so if it can spend some time here we might be in for another leg lower.

Remember, time confirms price.

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Dime Levov

FXL Admin

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