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TJP_Trader
May 29, 2018 12:59 PM

EURNZD - Testing foot of channel & 200MA 

Euro Fx/New Zealand DollarFXCM

Description

Could be poised for a decisive breakdown as price is testing the bottom of the regression trend channel / 200 MA

For a bearish confirmation i'd like to see the channel breaks as well as the Jan 2018 low

Keeping tabs as long consolidations often lead to big breaks
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