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Bonavest
Aug 17, 2016 4:48 AM

Second Rejection of 0.7300 Short

New Zealand Dollar/U.S. DollarFXCM

Description

Looking to get SHORT and see how low we can go. We may bounce up from the lower trend line that is ascending or if fundamentals change we could see lower Kiwi prices.

Comment

This shaped up nicely and with the potential of strong USD news coming later today it should help push the price even lower. I will be keeping an eye on it.
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