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sonicrmastery
Oct 16, 2016 9:18 AM

EUR/NZD Daily Update (16/10/16) Short

Euro Fx/New Zealand DollarFXCM

Description

Bearish

3 overhead structure with strong bear candle.

11/10 candle was unable to close above trench, seems like luring bo traders and trapping them.

Key Resistance
- 1.56
- 1.6

Key Support
- 1.525

Trade closed: target reached

Comment

+300 pips
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