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theselfishtrader
Sep 30, 2019 10:03 PM

Breakout short on Kiwi Short

New Zealand Dollar/U.S. DollarFXCM

Description

Kiwi has double bottomed with no bullish follow-through.
Price is grinding away at long term daily support.
If support breaks with momentum, then there is a lot of air before the next support level, with a very strong weekly support level at 0.602 (the 161.8 Fib extension level)
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