NZD/USD now testing long term descending trendline resistance

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Trading Recommendation

Entry: 0.58483

Reason for Entry: 61.8% Fibonacci extension, long term descending trendline resistance, long term moving average resistance

Take Profit : 0.55750

Reason for Take Profit: 78.6% Fibonacci retracement, 100% Fibonacci extension

Stop Loss: 0.61187

Reason for Stop loss: Graphical swing high

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