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NZDUSD scalp

57
Goooood morning guys!

NZDUSD has reached a daily and weekly resistance level. Higher timeframes show weakness in breaking through therefore, this is the first indication of a reversal. Secondly, the head and shoulders have formed on the lower time frame.

Further confirmations to take into account:
EMA'S
Stoch
RSI & divergences
Candle stick patterns
Potential news.

happy trading :)

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