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Nov 28, 2017 9:35 AM

NZDUSD bounces off Fibonacci level Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is descending in a form of wide channel which has been tested at least 6 times during last couple of days. We can clearly see that at todays session start pair tested not only 38.2 Fibonacci level but also upper edge of channel. We stay bearish on NZDUSD which may test 0.6800 area.
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