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Sejdr
Nov 3, 2019 5:31 PM

NZDUSD LONG - Head and Shoulders Long

New Zealand Dollar/U.S. DollarFXCM

Description

On Daily we can see that the NZDUSD is retesting the resistance and it has formed a Head and Shoulders pattern. The Friday close reacted on the 100MA, but if we get a close during next week above the resistance zone at 0.64500 we should be able to push up to the MA200 which is in line with previous flip zone/next resistance structure.
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