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NZDJPY bulls regain control; Seeking buy setups above 88.65

From thinkforex.com

The Kiwi Dollar was the strongest Major single currency yesterday across the board following yesterday’s final GDP coming in at -2.9% vs -1% expected. This saw NZDJPY produce a Bullish Engulfing Candle on D1 which had respected the previous breakout line to suggest a pivotal swing low has formed and for price to continue the bullish trend. We had previously highlighted the potential breakout on 16th June and yesterday's price action provides another opportunity to join the trend if the original breakout had been missed. Any retracements towards 88.60 could be used to seek bullish setups (assuming this level is ... (full story)

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