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Wolf
Nov 9, 2015 7:55 PM

[NZD/USD] Short - Pullback + Testing support level Short

New Zealand Dollar/U.S. DollarFXCM

Description

In the long term it might go up, however a minor failed to find a direct up-trend and it will try to make a double bottom.

Technical Analysis:

- Broken support of 3 lows
- Fibo retracement of 61.8%
- Pullback
- Corrective wave formation
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