AUDUSD and NZDUSD both continue there runs to the downside ...Middle East

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In this video, I take a look at two currency pairs - the AUDUSD and NZDUSD. Both are trending lower this week as traders react to slower growth from China. Both countries do rely on China for growth. For the AUDUSD, it is breaking lower but approaching key support against it rising 100-day moving average at 0.6606. The last time the price traded below its 100-day moving average was back on May 9. Look for buyers to lean against that moving average (buyers) with stops on a break below.For the NZDUSD, it sliced below its 100 day MA last week, and that started a trend move lower that has seen the price move from 0.6062 to a low today of 0.5925 (so far). Yesterday, the price fell below its 61.8

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