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Short

The Social Traders | EURNZD Short

OANDA:EURNZD   Euro / New Zealand Dollar
Having come from quite a large impulse to the down side I do believe we are due a slightly larger pullback/correction. to highlight we are still in a bearish cycle we have recently broken a daily low. My ideal area of interest would be on the 3rd touch of this descending trendline . In this region we line up perfectly with the 1.79000 key level and also the 50% fibonacci retracement level. This would be extremely clean.

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