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Leonid graduated from Donetsk National Technical University, specialization "Automation and process control". He came to the market five years ago. As a basis of trade he uses indicator «Murray levels» , also prefers the classical technical analysis.

NZD/USD want to test target at 0.7324

After crossing STD1 with STH4 price roll back to STD1, and rebound from it. Securing higher than 2/8 (0.7080) is a good argument in favor of the growth to the area of the level 4/8 (0.7324). It also signals the growing STH4 and minor breakdown the level 5/8 (0.7202). An unlikely scenario return back to the area of STD1 would be possible in the case of breaking down the 3/8 level (0.7202) for at least one third of the levels width.

Trade recommendation:

Buy – 0.7205; sl – 0.7160; tp – 0.7310. 

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