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Dec 7, 2020 11:43 AM

NZD/USD BEARtown Short

New Zealand Dollar / U.S. DollarFOREX.com

Description

Break of 17 day up-trend, good indication of reversal finally!

Comment

Momentum (10), MACD (12, 26), RSI, and Moving Averages all indicate BEAR-power!

Comment

Still below the trend, may fake-out but ultimately the kiwi will drop!

Comment

Maybe not!
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