NZD/USD broke out of its bearish pattern, up slightly Mon 0.7029

Exit from Bollinger downtrend channel may prompt short-covering

Topside fairly empty till 21 DMA at 0.7094; 100 DMA 0.7137

Very strong US jobs data Fri cheered Wall St, but propped up USD

US10y creeps back up to 1.711%, may impede NZD/USD recovery

Further yield rise could weigh NZD back to 0.6992 Bollinger band

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