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Gastunechi
Jun 19, 2020 11:21 PM

NZDUSD SHORT  Short

New Zealand Dollar/U.S. DollarFXCM

Description

The pair is rejected at a strong level of resistance of both weekly descending trendline + weekly supply zone.

A double top was formed on H4 and the neckline was successfully retested.

A break and retest of the current support could lead to more downside pressure.
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