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Daily Forex Chart Art – Jan. 6, 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GBP/NZD: 1-hour Here's a possible trend shift in GBP/NZD! I know how you guys love trading strong trends, so this might be helpful to those who are trying to catch a bottom. The pair found a double bottom support at the 2.1525 levels and is now flirting with the 2.2000 psychological handle. A break above the levels could lead to more gains for the pound, which would probably push the 100 SMA above the 200 SMA and indicate a start of an uptrend. Entering at current levels could get you some

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