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judderod
Sep 27, 2016 10:01 AM

NZDUSD retraces 50% before each UP impulse. Sellers beware! 

New Zealand Dollar/U.S. DollarFXCM

Description

This will make a great sell one day, but right now it looks uncertain to me. The last 3 up impulses have retraced 50% before taking off again. We could be in for another move up after the latest bounce from 50% (7220). I'd like to see a break of 7200 before selling again.
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