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9. Aug. 2016 20:11

AUDNZD picking up supply 

Australian Dollar/New Zealand DollarFXCM

Beschreibung

It currently looks as if AUDNZD is able to pick up new short sellers after price dipped into the supply area starting at 1.072. At the same time, we saw a double top with two close by swing highs.

We are missing a momentum-shift candle (a large red candle) that breaks the 20 SMA to complete this reversal pattern.
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