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CurrencyAnalysis
Sep 5, 2014 4:47 PM

NZDJPY 

New Zealand Dollar/Japanese YenFXCM

Description

Waiting for next week setup with options:

++ if price break the resistance line, setup win for bull but need confirmation to prevent false breakout, this can be solve by identifying price retest.

++ else, price break the support line, setup win for bear and confirmation is based on the main trend which is down trend.

++ also, need to watch out incoming news that might be the catalyst of price movement.
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