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NZD/USD added 34 pips overnight and last.......>

KIWI
KIWI: NZD/USD added 34 pips overnight and last deals at $0.6831, with kiwi
sitting atop the G10 pile. NZD was already drawing support from optimism re:
Sino-U.S. trade talks, before BBG released a headline suggesting that the U.S.
is weighing a 60-day extension to the Chinese tariff deadline, which sent
NZD/USD to a session peak at $0.6834. 
- Initial resistance noted at $0.6852, which capped gains yesterday, ahead of
the upper 1.0% 10-DMA envelope at $0.6874. Conversely, the initial layer of
support is located at $0.6805, which represents the 21-DMA (breached in early
Asia-Pac trade today), followed by the 50-DMA at $0.6787. 
- The NZ econ calendar towards the end of this week is rather light, but focus
will fall on the aforementioned Sino-U.S. talks. As a reminder, U.S. Sec Tsy
Mnuchin & USTR Lighthizer are reportedly set to meet with Chinese President Xi
on Friday.

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