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RBNonit
Aug 3, 2015 9:14 AM

NZD/USD: SHORT this Short

NEW ZEALAND DOLLAR / U.S. DOLLARICE

Description

Confluences:

1/ with the trend
2/ bounce of the upper channelline
3/ 0.6625 as resistance level
4/ Fibonacci 61.8% bounce
5/ MACD bullish divergence

Additional:

* H&S - pattern on 4H/1H
* Weekly high test
* Fundamentals are in our favour
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