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NZD/USD last $0.6875, virtually unchanged on...>

KIWI
KIWI: NZD/USD last $0.6875, virtually unchanged on the day, as the kiwi lost
earlier steam towards the end of the Asia-Pacific session, as the rate stuck to
a ~15 pip range. 
- The rate found support on modest optimism re: Sino-U.S. trade relations
triggered by optimistic notes in rhetoric from both President Trump and China's
MOFCOM. Meanwhile, Huawei CFO's arrest in Canada, with U.S. seeking her
extradition, remains a contentious issue. 
- Bears look to a move through yesterday's low/200-DMA at $0.6857 and a break
below would open up the 21-DMA at $0.6831. On the topside, bulls need to retake
yesterday's high at $0.6900 to regain upside momentum. 
- Next week will see RBNZ Gov. Orr appear in front of parliament. Elsewhere the
NZ Tsy will publish its half year fiscal & economic update. In terms of headline
economic releases, participants will look to manufacturing activity data for Q3.

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