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Key Reversal Day

A sharp reversal pattern that occurs during a trend. In an uptrend, prices open above the previous day's close, make a new high and then close below the previous day's low. In a downtrend, prices open below the previous day's close, make a new low and then close higher than the previous day's high. The greater the price range and volume on the key reversal day, the more reliable the signal.

Kiwi

Slang for the New Zealand dollar.

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