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CONTRARY TO THE FIRST REACTION, NZD IS SHARPLY PULLING BACK

The quarterly data of the New Zealand labor market are more positive than ever: unemployment has declined, the number of employed has grown, and the NZDUSD trading pair has increased, and it would seem that now it cannot be stopped ... but a sharp pullback and kiwi no longer grew up this evening.

The reason for such a pullback is trivial and simple, and there is practically no insurance from it. All that remains is to carefully read the releases. It is good that such situations are not more often than once in 12 months

Lessons
The situation is included in the trading course
The reason is described in the trading course

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