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In the red against the majors

USD
  • The Kiwi is the best early performer since the European Govie open, taking over the Pound.
  • NZDUSD is just off the high, but consolidates some of the continued sell off, driven but the USD strength.
  • NZDUSD tested its lowest level since 23/03/20 yesterday.
  • Market participants will look at 0.5756 as initial resistance, yesterday's high, now at 0.5715.

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