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May 14, 2020 10:56 AM

EURNZD Near top of the range. Will we short? 

Euro Fx/New Zealand DollarFXCM

Description

As you can see in the chart EURNZD is close to the upper resistance trendline that was spotted on Daily timeframe. On 1h last 3 times we rejected it we had some sort of Doji shooting star candles before the drop. We are looking either for that kind of formation or some bearish pattern to short the pair down towards 1.76 demand area.
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