Mike's Pick- Short NZD/CHF
NZD/CHF - Expecting a minor pullback in the kiwi after last week's run and test of 26-year highs, while debt concerns are likely to see flows back into the swissie. Short from 0.6980, adding to the position with a move to the 0.70-figure. Targeting 0.6930-40. Stops at 0.7020 and just above the 100-day moving average at 0.7055.
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