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NZDUSD testing major support, remain bullish

FX:NZDUSD   纽元/美元
Buy above 0.6821. Stop loss at 0.6720. Take profit at 0.7052.
Reason for the trading strategy (technically):
Price continues to test major support at 0.6821 ( Fibonacci extension , horizontal swing low support) and we expect to see a nice bounce from this level to at least 0.7052 resistance ( Fibonacci retracement , horizontal overlap resistance).
Stochastic (34,3,1) is seeing strong support above 4.3% and it is starting to turn up signalling a reversal.
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I love your analysis on NZDUSD always!
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please keep sharing, i like your ideas.
+1 回复
Thx 4 e idea
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Love your analysis always!
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