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Forex_Positive
May 4, 2014 7:06 AM

Head & shoulders detected on NZDUSD 

New Zealand Dollar/U.S. DollarFXCM

Description

This is a major reversal pattern. Neckline support is around 08500-20. Where is a good place to enter short for the right shoulder?

See my NZDUSD 1 hour chart for the answer.
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