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NZDUSD is breaching bearish corrective trendline-Analysis-13-01-2026
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NZDUSD is breaching bearish corrective trendline-Analysis-13-01-2026
Mar 11, 2026 12:29 AM

The (NZDUSD) price extended its gains in its last intraday trading, breaching bearish corrective trendline on the short-term basis, gaining more bullish momentum that helped it to achieve more gains to surpass the resistance of EMA50, surpassing its next pressure and reinforced the chances of the gains continuation on the near-term basis, on the other hand, we notice the emergence of negative signals from the relative strength indicators after reaching overbought levels, which might reduce the upcoming gains.

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