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NZD/USD last $0.6794, 3 pips lower on the......>

KIWI
KIWI: NZD/USD last $0.6794, 3 pips lower on the day, with the kiwi sitting at
the bottom of the G10 pile. The pair fell more than 60 pips Friday, breaking
below the $0.6800 level, as NZD was pressured by soft Chinese data releases and
weaker risk sentiment. 
- Meanwhile, participants are attentive to developments in U.S.-China trade
relations. 
- Initial support is located at yesterday's low of $0.6778, followed by the
50-DMA at $0.6716. Conversely, bulls need to jump back onto the $0.68 handle
before targeting $0.6846, which represents the 21-DMA. 
- NZ focus this week turns to ANZ biz. conf. due Wednesday, as well as domestic
GDP and trade balance due Thursday.

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