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UnknownUnicorn402209
Jul 31, 2016 5:54 PM

NZDUSD H4 reversal setup Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD formed an elementary reversal setup, the price went up very quickly after somehow bad data from US, hit the resistance area and got pulled back. You can see the upper wicks indicating, that sellers were fighting back and gaining more control, thus we may see a really nice reversal at the beginning of the week.
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