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DMartin-
May 14, 2020 8:31 AM

EURNZD Short

Euro / New Zealand DollarFOREX.com

Description

Good morning everyone. I am looking at this currency pair to go short for a number of reasons:
1. Price has been forming Lower Highs and Lower Lows for quite a long period of time
2. Price seems to have bounced off current trend line channel
3. Our RSI shows divergence

Always carry out your own research before placing a trade and be sure of using risk management.
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