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NZDUSD Potential for Bearish Momentum | 22nd September 2022 – September 22 , 2022

On the H4, with the price moving within the descending channel, below ichimoku cloud, RSI is showing a descending trendline. If the price can break the sell entry at 0.57984, which is in line with the 78.6% fibonacci projection, 161.8% fibonacci extension, 127.2% fibonacci extensions successfully, we can expect the price drop to the take profit at 0.56546, which…

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