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Fxprotrader
Nov 1, 2017 1:00 PM

EURNZD: Breakout of support opens doors for shorts Short

Euro Fx/New Zealand DollarFXCM

Description

Price broke below the sliding parallel of the median line set, which acted as support and has now pulled back testing it as resistance. Watch for a sell setup compeltion at this level in order to go short in EURNZD

Comment

Price bounced from the sliding parallel and is now developing a bearish flag pattern. Selling the breakout is our option:
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