CPM

Bearish Fakey signal printed in NZDUSD Chart, so Downtrend will continue


NZDUSD Trade setup for 02 September 2019 to 06 September 2019

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All charts are illustrated in this commentary are Daily Chart Time Frame except I mention other 


Currency: NZDUSD
Chart (Click to Download Newyork Close Chart): NZDUSD Daily Candlestick Chart
Trend (Click to Read what is Trend): Downtrend
Support Point (Click to Read what is Support): 0.62382 & 0.60572
Resistance Point (Click to Read what is Resistance): 0.6371, 0.6571, & 0.6791
Signal (Click to Read My favorite Forex Signals): Bearish Fakey signal

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My Opinion: 
NZDUSD start down trending from the resistance point 0.69693 and continue its down trend. Finally NZD break its support point 0.63751 and now this support has become new resistance for this currency. We can expect this market downtrend will continue to next support 0.62382 & 0.60572 prices. I will notify you when new signal will print in this point. 
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