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NZD/USD was bid on Wednesday, supported by.....>

KIWI
KIWI: NZD/USD was bid on Wednesday, supported by positive risk appetite, as
participants digested improvement in global economic data and showed optimism
re: broader economic re-opening.
- The Australian newspaper reported that New Zealand and Australia may finalise
the creation of the touted trans-Tasman travel bubble on July 1.
- NZD/USD sits at $0.6421, little changed on the day. With Mar 9 high of $0.6448
in sight, bulls look for a rally past that level and towards Feb 12 high of
$0.6488. Bears keep an eye on the 200-DMA at $0.6317 and a break here would
clear the way to $0.6240-29, a former resistance zone.
- NZ economic docket is virtually empty during the remainder of this week.

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