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.:: 23.02.2017

Forex forecast for 23 February 2017.
 

GBP/USD

Pound was traded in descending triangle this week. As we expect, current break of the downtrend line is fake. Strong psychological level 1.25 is good resistance to sell the pair.

You can view the enlarged chart here.

NZD/USD

This week New Zeland dollar traded in narrow flat. If pair can break resistance line today, and stay above 0.7235, we may see deeper correction. We advise You to buy the pair after breaking level 0.7235.

You can view the enlarged chart here.

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