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Short

NZDUSD possible short setup

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
36 0 2
Moving averages on H1 chart does not support short bias right now, but the price seems to be preparing to drop after testing trendline on higher time frame. It is appropriate to wait a consolidation around the blue horizontal level, and look for short breakout signal based on H1 trendline .
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