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DeGRAM | NZDJPY AB=CD pattern completion

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern.

It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern.

We expect a sharp move down to retest the support 38.2% fibo level.



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