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mleader1

go back up

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
mleader1  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Fibonacci Candlestick Analysis Fundamental Analysis NZDJPY nzdjpylong
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fibonacci candlestick fundamental nzdjpy nzdjpylong
NZDJPY rose up and went back down dramatically which was unexpected. I consider the rate tappering as major, so I'd expect this pair to go back up (preferably hit my price first...)

RSI on most TF are simply below 50 so trade with care. There's a strong support zone around 77.11-77.21 and RR is high so worth a try.
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