NZD/USD has been locked in a 12 pip range for several hrs now after a nice 100 or so pip drop...may soon hafta take a long but really expect it to drop to around .7250 or so before upside move.Next fib level is about .7280 and if I'm right it could drop below that level and sweep the stops there..also if I'm guessing right then retrace should take it back to at least .74 on next cycle to upside.
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