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May 3, 2023 10:57 AM

Potential Sell Opportunity - GBP/NZD Short

British Pound/New Zealand DollarFXCM

Description

I will be considering a sell when the 1HR closes. The market must trade through the current 1HR Low for a validated entry. The market is reacting beautifully to the 2.01000 level with rejection. Also the 20EMA/50MA are in a confirmed downtrend. I will be taking this trade into new lows as a target.
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