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altitudesFX
Mar 1, 2018 3:31 PM

NZD/USD Outlook Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZD/USD Overall Trend Bearish

Looking for move up to trend line where will be looking for rejection to enter short position.

Comment

Price continued as predicted, personally didn't take the trade but met conditions for a sell by trend line. Buying the move up to the trend line would be a risky trade as you would be counter trending.
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