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NZD/USD last deals at $0.6593, almost..........>

KIWI
KIWI: NZD/USD last deals at $0.6593, almost unchanged on the day, ahead of NZ
card spending data, due to be released at 2345BST.
- Thursday's Asia-Pac session saw NZD/USD edge lower on the back of hawkish
trade comments from U.S. Pres Trump & broader yuan weakness, but softening
greenback prompted recovery in the second half of the day, allowing the rate to
finish 16 pips higher. The late move higher was likely accelerated by Trump's
remark that he received a "beautiful letter" from his Chinese counterpart and
that it is still possible that a trade deal will be reached this week. 
- Elsewhere, Chinese MOFCOM took a firmer stance, denying that it has reneged on
any commitments.
- Bulls look for a breach of $0.6600 before challenging the downtrend resistance
at $0.6618. Above the latter level would expose the 21-DMA at $0.6657.
Conversely, bears need consolidation below the $0.6600mark before targeting
$0.6554, which represents the lower 1.0% 10-DMA envelope.
- Focus remains on any fallout from the U.S.-China trade talks, following mixed
comments from U.S. 

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