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AlkalineFX
Dec 8, 2020 10:21 AM

NZDUSD - Prior High Touch Long

New Zealand Dollar/U.S. DollarFXCM

Description

I am not satisfied with the downtrend, I feel like price is running out of steam near the lower trend line of this ascending channel. I would like to see price push up to test the previous highs before we see a strong bearish continuation.

73% of retail is selling, which makes it appealing to buy for me.
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