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AUSSIE-KIWI: Having earlier stalled ahead of NZ$1.0888, AUDNZD drifted through
Asia/early Europe to hold NZ$1.0850/55. Near-term support is seen at NZ$1.0838
(50% NZ$1.0787-1.0888). Double top resistance has formed at NZ$1.0885/90 which
also holds the 200-dma at NZ$1.0886. A close above and convincing break of the
NZ$1.09 area can look to challenge NZ$1.0962 (May25 high).