MichaelKosciels

NZDUSD Double Bottom

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FX:NZDUSD   紐元 / 美元
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The NZDUSD is approaching the neckline of a double bottom pattern. The neckline comes in around 7610. The targeted move would be around 8010, which coincides with the 50% retracement of the original high to low move in this kiwi reversal. This could be a few weeks in the making, but with dollar weakness at hand and risk on for the time period, this could really happen quickly.
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