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ELCapitalFX
Aug 8, 2020 6:19 PM

SELL OPPORTUNITY Short

New Zealand Dollar/Japanese YenFXCM

Description

The pair is at a support area but has also broken out of an uptrend.

What we are looking for is for the pair to bounce off the support, create a lower high, and retest the broken trend, then go all the way to the bottom.

Remember to minimize your risk - it is better to make $5 in a day than lose $50 in an hour.
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