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NZDUSD DESCENDING CHANNEL EXPLAINED!!!!!!

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
MARKET ANALYSIS: The market has broken the huge uptrend channel and now its moving to a sell. Now in the lower time frame we have descending channel formation. We have strong support zone near the market price now. If the support zone is broken we can see a new lower low for a huge shorting opportunity. So lets wait and see what the market does in the coming days. Cheers!
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