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Jun 12, 2016 6:54 PM

NU Short 06/12/2016 Short

New Zealand Dollar/U.S. DollarFXCM

Description

NU is currently in a bear flag on the daily. I think NU will retest the bottom of the channel in the coming weeks. NU touched the 61.8% retracement and the top side of the channel and rejected off the level. This is a long term hold. I will update if I will hold it past .67
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