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Interesting opportunity on NZD/USD after breaking 0.5972386666666667

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.5986 but consider reducing the size of your position as the price gets closer to that target.

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Support line breached by UK100. This price has been tested at least twice before.

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