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alexkyp
Mar 24, 2019 9:13 PM

NZDCAD potential SELL Short

New Zealand Dollar/U.S. DollarFXCM

Description

The pair has reached monthly highs and it faced significant resistance around the 0.9245 area where there is multiple past reversal points and current bearish divergence on the 4hr timeframE.
Also is overbought for more than 300 pips and both its major pairs are overbought! So there is a lot of potential for a nice sell opportunity and swing!
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