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asiansupermarket
Sep 10, 2015 4:30 PM

AUDNZD overextended and due for a retracement 1h 2wk Short

Australian Dollar/New Zealand DollarFXCM

Description

Recent fundamental news has pushed the price 2.5% with minimal retracements. The price now hit a zone of resistance and is forming either a top or small pullback.

Let the short run and give it a trailing stop to lock in the profit once we are close to the target.
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