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mikemstanley
Mar 12, 2015 5:14 PM

NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

Price has retraced to 0.618 from NZD news yesterday and has been rejected of the 200 ma on both 1hr and 4hr time frame. I believe this pair will continue its bearish trend back down to 0.71600 for first target.
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