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Dr_P
Mar 7, 2017 6:04 AM

long wicks indicate resistance Short

British Pound/U.S. DollarFXCM

Description

Back from holiday :)

Long wicks indicate the resistance, which combined with the momentum should deliver to test new mid-term lows. On higher timeframe the pair is in consolidation, so target is just 50 pips away with aggressive SL just above the wicks and downward trendline.
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