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ForceFollower
May 13, 2015 5:57 AM

EURNZD H1: The Correction To Be Continued? Short

Euro Fx/New Zealand DollarFXCM

Description

I expect further correction to the downside. The NZD has been getting stronger in recent hours. Is it going to have strength enough for another corrective wave against the euro? I think so. Price is being rejected above 1.5279. So a short trade with a target above prior lows seems to be a low-risk idea, unless the EUR gets abother boost of power...
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