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Jonny_Fortune
Aug 16, 2017 6:21 AM

NZDJPY - Break Of Neckline Clears Way For Shorts To 79.200 Short

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY has pulled back to a previous resistance area and is in the process of forming a Head and Shoulders pattern. A break of the neckline will provide an opportunity for shorts to the 79.200 which is the Head and Shoulders technical target.
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