ii've been following nzd/usd inside of a wedge for a while. Indeed the commodity pair broke out, making higher highs than even last year, but i believe it must come down first. this set up is mainly for my buy. If price does play out how i predict, the it should drop sub .71, & maybe even as low as .704. I have my alerts set up at .71 so i can have a heads up on when to buy.
So in this case i would say nzd short (.719) until .71 then tp, and re evaluate and get ready to buy
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