NZD/USD Likely To Maintain Channel

<p>The New Zealand Dollar declined by 61 pips or 0.84% against the US Dollar on Wednesday. The currency pair breached the 50– and 100– hour SMAs during yesterday&#8217;s trading session. As for the near future, the exchange rate is likely to maintain the descending channel pattern. Bears could target the weekly support level at 0.7153 [&#8230;]</p>
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