FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I want to keep this as simple as possible. It seems like we are in a consolidation area. I want to see if price will continue to retrace the smaller high's and low's within the red horizontal lines. I'm thinking the usd may be suffering due to the imbalance of imports and exports. This is just an idea and may not be correct. I would love to see another breakout to the upside but until then, I'll look for positions within this red zone and see what can be done.
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