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ProfitDesk
Nov 21, 2020 2:15 PM

NZDUSD Short

NZD/USDOANDA

Description

Pair is exactly at the strong monthly resistance line which it reached after 3 weeks of uptrend. We expect the price to fall from here to the previous strong resistance (now support) which is exactly at 0.5 fibonacci retracement.
This will be nice RR trade, 1:5 at least.

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