NZDUSD: Short Target Revised Below 0.72
I sold NZDUSD at 0.7516. As was suspected last week, prices bounced higher from rising channel support but have since reversed lower once again, closing below my soft target at 0.7344. I have now trailed my stop lower to be triggered on a daily close above 0.7457 and established an updated soft target at 0.7171.
Separately, I remain short EURUSD.
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