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SteynTrade
14 mai 2017 08:14

NZDUSD Spring forming Long

New Zealand Dollar/U.S. DollarFXCM

Description

The NZDUSD is going through accumulation as is the AUD and EUR. Based on a Wyckoff logic a spring is potentially forming. NZD has shown signs of adsorption volume in Phase B while showing strength in an upward channel. Once the markup starts this pair is a good option to follow the trend due to the strength shown.
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