dhoover
Short

Price Action Signs of Reversal

FX:EURNZD   Euro Fx/New Zealand Dollar
56 0 1
Short run double top tests resistance (blue) at 1.5810. Dojis form between the 50% and 61.8% retracement from previous June high.

Stochastics do not clearly confirm, though the indicator crossed over the 80 threshold the last time this level was reached. Can we chalk up the current non-signal to the noise of the past week?
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