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TradingEW
Nov 18, 2015 10:25 AM

EURNZD bottoming 

Euro Fx/New Zealand DollarFXCM

Description

Flat correction (4), a bottoming pattern amassing around the 0.6182 x {3} retracement level, before the last leg (5) down.

Long term view:
Comments
TradingEW
A fast moving pair that tries to complete correction {4} in a hurry & reverse trend ; or trying to catch up with the rest of EUR pairs heading up?

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