Envious_

NZDSGD sell idea

Short
OANDA:NZDSGD   NZD/SGD
Price is nearing the resistance and the trendline cross over, also the RSI is around 70 and has touched the overbought level. It has now only just dropped out of the overbought level and the price has stayed the same with the last two candles so this could hint a possible consolidation around this area as there are wicks on both sides of the candles being fairly balanced. This is an idea by a beginner and by no means should you follow, good luck and stay patient!

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