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Joined Jul 23, 2018
chartpattern
eurnzd
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After a major drop on EN, we can see price bottoming out. I favor an upside move before potentially continuing further down. However, a break and Daily close above our TP2 could see this pair move further up to the 1.70500 range. For now, I hold onto my corrective bias. @earnwithwern
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GBP AUD to complete it's next downside leg. Multiple rejections off the 61.8% FIB, one off the 71% and a third bounce off the descending TL.
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NZD JPY possible Short opportunity - medium term liquidity zone would be the 75.50 area. Perhaps a deeper retracement and longer term long of 74.80 would be favorable which aligns with a smooth 61.8% FIB zone to then continue the upside momentum.
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