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NZDUSD SHORT: Overvalued Fundamentally and Technically
New Zealand Dollar / U.S. Dollar
Short
NZDUSD SHORT: Overvalued Fundamentally and Technically
By Exercise-Discipline
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Updated
Dec 15, 2016
1
Cheer
Cheer
Nov 3, 2016
RBNZ has not changed its dovish stance. Fed remains hawkish.
NZDUSD showing divergence to 0.7322. Strong resistance on 4H chart.
Many major banks forecast NZDUSD below 0.70 in medium term.
This currency pair is a sell at spot.
Dec 15, 2016
Trade closed: target reached
Done!
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