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MoNadeem
Feb 14, 2019 4:09 AM

NZDUSD SHORT - Possible H&S Formation Short

FX:NZDUSD240
New Zealand Dollar/U.S. DollarFXCM

Description

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Approaching resistance at 0.68500, could possibly form an M formation. Possible H&S formation on daily TF. 5th Eliot wave, Could potentially be a breakout towards the 0.67000 handle or further.
Trend AnalysisChart PatternsHead and Shoulders
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