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| | | | DailyFX Delivered To You: Daily Technical Analysis Article Thank you for signing up for DailyFX research. Please see below for today's Technical Analysis: - NZDUSD Tests December Resistance as Support
Given the potential for an extended decline in everything (crude, copper, equities), I favor trading the AUDUSD and NZDUSD. There will be sharp short covering rallies along the way (NZDUSD at support now) thus aggressive traders may wish to trade from both the long and short side. The NZDUSD in particular is at support now. Levels are noted. - Currency Rallies Viewed As Corrective; Fresh US Dollar Upside Ahead
Any rallies in risk correlated assets over the coming sessions should be aggressively sold given the ongoing uncertainty flowing through the market… Reminder, you will receive daily e-mails with the latest DailyFX Technical Analysis Article. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com Best regards, DailyFX Financial Square 32 Old Slip, 10th Floor New York, NY 10005 Tel(212) 897-7660 Fax(212) 897-7669 research@dailyfx.com | | | | | | | |
