NZD/USD: Weekly Technical Analysis For March 7-11, 2016

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NZD/USD rose to as high as 0.6819 last week after breaking 0.6773 resistance. Initial bias remains on the upside this week with 21 and 55 EMA crossed northward on the 4 hours and daily time-frame. SSRC oscillator is also signalling more bullish momentum is expected in the pair. More rise to 0.6928 weekly resistance 2 is expected first.


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