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Position summary:
Entered long on NZD/CAD at 0.8322.
Stop loss set at 0.8271.
Entered long on NZD/USD at 0.6183.
Stop loss set at 0.6144.
Overall bias: Selling USD.
The mixed CPI results from the US have led to conflicting trades, but amidst this uncertainty, the Oceanic currencies are relatively strong. Therefore, I’m inclined to buy NZD.
