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NZD consolidates European morning gains and....>

KIWI
KIWI: NZD consolidates European morning gains and remains top of the G10 pile at
the NY crossover. NZDUSD earlier breached the 200-dma & 0.68 level to print
highs of $0.6841, underpinned by renewed US-China trade optimism. It's also
worth noting a golden cross is forming with the 50-dma about to move above the
200-dma, which could prove further supportive. Next resistance is seen from the
Dec 18 high at $0.6880, a break opens $0.6931 which represents the 50%
retracement of 2018 range.

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