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Aug 30, 2013 4:02 PM

NZDUSD touches 2nd Fibonacci Envelope Long

New Zealand Dollar/U.S. DollarFXCM

Description

For Friday we recommend a BUY/CALL on NZDUSD with an entry price of 0.7726 for 1 unit with an 19.05 GMT expiry. NZDUSD touches 2nd Fibonacci Envelope so there is a good possibilty to rebound from this level to the 1st Envelope.
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