Mihai_Iacob

NzdUsd- 0.68 is my medium term target

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
For a month now NzdUsd is consolidating in a tight 100 pips range.
A break of this range is inevitable and the pair should find a clear direction afterwords.
In my opinion, this break will be to the downside and I'm considering 0.68 as a medium-term target for short trades.
A clear break above 0.73 would negate my bearish bias

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