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emmanuelbenzoe
Jun 27, 2017 1:22 PM

NZDJPY  

New Zealand Dollar/Japanese YenFXCM

Description

There has been a clear bullish trend with strong buying power. At the top of the trend doji candle formed which may indicate buying power is slowing down and quantity of buyers is lessening. in the 1 hour timeframe there is a shooting star/inverted hanging man candlestick which may signal a possible reversal may happen. together with this RSI is signalling currency is overbought. will watch this pair closely for more signals.
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