DannyBly
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Looking at the daily NZD/USD we can see pressure building along the lower trend line of the symmetrical triangle -beneath we have support at the double bottom in the 0.7369 area - adding to the bear case we are trading below the 200 period SMA and selling momentum is strong as reflected in RSI.
![nzddailym.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fnzddailym.jpg&hash=0abf4bea966b9d76c583b49962b5f5b4)
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