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2017 predictions on Majors

71
NZD/USD

After breaking down the double top, it used the 2016 to pullback to the neckline to test it as the new resistance. It formed a percfect head and shoulders pattern which is also the higher parallel of this major trendline (green) and is now breaking lower.

I am targeting the 2015 lows around 0.6200 and would really like to see how it reacts with the trendline at the100% double top breakout target around 0.5850.

For full 2017 predictions watch the video here

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