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Most Asian currencies rose sharply on Friday amid easing fears of a global banking crisis, while the dollar retreated as markets also bet that the Federal Reserve will soften its hawkish stance to prevent more economic pain. Tne support for banks, coupled with government reassurances that the banking sector was stable, helped ease concerns over an imminent collapse in the banking system, following the failure of several U.S. banks over the past week.
NZD/USD (M30)
Sell levels:
0.62200, 0.62000, 0.61700
NZD/USD is rebounding from the resistance level of 0.62600. This area is significant in H1 and H4 periods. Atter the rebound, the asset may reach levels of 0.622000 and 0.62000.
Buy levels:
0.62600
On a chart πŸ‘‡
NZD/USD (M30)
Buy levels:
0.62600
NZD/USD is rebounding from the resistance level of 0.62600. This area is significant in H1 and H4 periods. Atter the rebound, the asset may reach levels of 0.622000 and 0.62000.
Sell levels:
0.62200, 0.62000, 0.61700
On a chart πŸ‘‡
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