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gamer456148

NZDUSD: New Entry Potential (BB% Analysis)+sma

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
gamer456148  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Technical Indicators Wave Analysis chartpatternstrading Forex forexsignals NZDUSD forexlong sma Bullish Patterns forexpairs oanda
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chartpattern indicator waveanalysis chartpatternstrading forex forexsignals nzdusd forexlong sma bullish forexpairs oanda
Right now, NZDUSD looks like it can have a positive bounce back from the negative draw down of the current bollinger bands indicator. It also seems like it may start garnishing much higher support especially looking at the SMA. The fractals are also there although volume is pretty low. Resistance may be broken soon and it might not be beaten up longer. As always, this is on an opinion based basis. Do your own due diligence and proceed with caution at your own risk.
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