NZDUSD Reversal Risk from 2+ Year Trendline

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NZDUSD tagged the line off of the April 2018-December 2019 highs again today. Focus is lower towards the bottom of the ‘box’ and lower parallel of the channel from the March low at .6380. AUDUSD short may be a better play given that AUDNZD sports a possible head and shoulders top since late April.

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