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FX markets continue to stick to their tight...>

FOREX
FOREX: FX markets continue to stick to their tight ranges this morning that were
established yesterday, with the main exception being the NZD which has broken
below support at 0.6750 and continues to push lower, potentially signaling more
broad-based dollar strength ahead. The kiwi continues to underperform the
Aussie, with AUDNZD breaking above its 200DMA yesterday and remaining above it
today. 
- The euro continues to trade in lackluster fashion at 1.1568 currently, with
support at 1.1530 and resistance at 1.1600. Given the kiwi's break lower and the
overall trend of dollar strength, a break lower for the euro looks more likely
than not.
- USDJPY is currently testing resistance at 110.65, and a break above this level
would trigger a run at the May 21 high of 111.40. 

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