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2 scenarios could happen here... However moving down based on the latest news on Opec and Non-Opec production cut could be less likely although it is possible...

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Previous resistance is the same as 618 Fib. It may come and touch the Line.

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Article 50 on the way next year

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OPEC meeting in November and there is a high possibility that members come to an agreement to freeze production. there could be an exception for few members!

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NZDGBP

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...

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If does not break Below it could go higher

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This could be one view

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It might go up

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Short opportunity

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There is an opportunity to go long.

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It could be the time to go long

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Short for Now

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Buy the break above green line

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look for the break out and sell

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Long Opportunity

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Long Opportunity

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GBPJPY is making support level. There could be another move down before it goes up.