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EURNZD could go south

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD break through a long term up trend bottom line and doing retraction now. A cypher pattern could be generated soon. Short EURNZD after 62% retraction and the Cypher Pattern D point. Maybe also can short it in 50% retraction position, but on the 50% retraction position, it cannot perform a good shape Cypher pattern.
Comment:
Strategy closed.
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