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CryptoPAMM
Dec 4, 2015 12:22 PM

EURNZD SIDEWAYS  

Euro Fx/New Zealand DollarFXCM

Description

After forming a bullish divergence it is quite likely EURNZD will correct further up to test 38.2% Fibs as a nearest resistance. Possibly will move slightly higher. But this is the area where bears will come back into play and downtrend could continue targeting nearest untested support at 61.8% Fibs.

Comment

So far all goes as projected
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