NZDUSD Another Bounce of Channel Support

The NZDUSD continued to ride the descending channel lower throughout last week .  Where it will stop in anyones guess.  One of the most consistent trades during this fall is to buy the pair at channel support for shallow scalps.  The NZDUSD created year to date lows last week but has significant support coming up at .75 followed by .7385.  Resistance begins at .7650.

Sup     .75

Res     .7650

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