EvanJones

Clearly Over-extended

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FX:AUDNZD   澳元/紐元
2
AUDNZD has been bulldozing its way North due to a weak Kiwi Dollar.

That's about to change with a rejection at the fib level and the bearish candle prior to previous candle indicating a movement towards the missed weekly pivot shown in the figure. Stops above the fib with a safe target half way to the pivot.

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