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Short

NZD.USD False breakout?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
13 0 0
There has been a range in NZD.USD since early Feb.price has broken out a few times only to settle back within the range, right now it looks as though price is again attacking the upper level, could be a potential false breakout. Plays for both sides here

Fundamentally, there have been some hawkish comments this week from the US, so perhaps that is reversing last week's negative sentiment

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