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By Published On: December 3, 20250.5 min read

The NZDUSD pair has risen by more than 0.6% in today’s trading session. It has moved away from earlier support levels, which were tested near the 100-hour moving average and a swing area around 0.57315. The pair is now advancing towards key resistance levels near 0.5800.

Recent technical analysis indicates that the pair’s upward momentum has been driven by these support and resistance dynamics over the past few trading days. Understanding these levels can help traders anticipate potential price movements and plan their trades accordingly.

Original Source: Greg Michalowski of investinglive.com

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