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NZD benefiting from the improved risk..........>

KIWI
KIWI: NZD benefiting from the improved risk appetite continues its march in
sympathy with the AUD to remain top of the G10 pile (+1.25%). NZDUSD touched
extended highs of $0.6604 before stalling around down trendline resistance off
the Jul26 high. The Oct22 high provides next resistance at $0.6622, ahead of the
100-dma at $0.6669. NZDJPY consolidates its move above the 100-dma (Y74.46) to
Y74.54, targeting the triple-top resistance area at Y75.50/55. EURNZD extends
its declines through the 50% retracement of the 2018 range (NZ$1.7226) to near
3-month lows of NZ$1.7201. The 200-dma provides near-term support at NZ$1.7159. 

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