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tomstewy
Nov 20, 2023 1:43 AM

NZD/USD Short Short

New Zealand Dollar/U.S. DollarFXCM

Description

I am looking for nzd/usd downside. The kiwi has been flying well considering the namesake is a flightless bird, and price has reached a significant level.

Historically there has been high selling volume recently, price is at a natural structure level on the 1h chart, and there is also a 61.8% fibonacci level coinciding here.

Lets see what happens!
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