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NZD/USD Found Support and Formed a Hammer

Discussion in 'Technical Analysis' started by Daily.Forex, Oct 29, 2015.

  1. Daily.Forex

    Daily.Forex Forum Member

    Sep 2, 2015
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    The NZD/USD pair fell significantly on Wednesday but found enough support near the 0.66 level to bounce and form a nice-looking hammer. The hammer of course is a very bullish sign and probably one of the most positive candle sticks you can find.

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