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PipseyH
Jan 7, 2016 1:40 PM

NZDUSD - POSSIBLE SHORT SETUP Short

NEW ZEALAND DOLLAR / U.S. DOLLARICE

Description

ON THE WEEKLY CHART WE HAVE A BEARISH TREND APPLYING THIS TO THE DAILY CHART WITH OTHER CONFLUENCES (ASCENDING TRIANGLE, 50% FIB AND MONTHLY RESISTANCE) WE MAY HAVE A GOOD SHORT SETUP IF PRICE BREAKS THE COUNTER TREND LINE AND CLOSES BELOW MONTHLY SUPPORT + CLOUD SUPPORT.
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