Well guys they have solidly capped EUR/NZD at 161.00 but I am expecting the top to be close to 161.80 on that pair..if right then NZD has some further downside..if wrong tho and E/N remains capped for now then I would expect about 160 pips to the downside for E/N correction which should boost NZD for a nice bounce...as I said earlier the jurys still out bu theres hope at least for NZD longs ...at this time retail traders are 74.6% long on NZD/USD.
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