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Nov 20, 2018 12:46 AM

EUR/NZD (Daily chart) - Rebound from Oversold Area Long

Euro Fx/New Zealand DollarFXCM

Description

After a rapid selldown, this counter reached strong support, where buyers were ready to step in.

This is likely to lead to a rebound.

Took a long position after I shared in my free Telegram channel last week, and will continue hold as long as the bullish momentum does not fade.
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