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NZDUSD has ebbed higher as risk sentiment......>

KIWI
KIWI: NZDUSD has ebbed higher as risk sentiment received a boost, last trading
some 30 pips or so better off, just shy of 0.6950.
- The recovery from 2018 lows struggled last week with the pair lacking follow
through ahead of the 21-DMA (0.6952). Bulls continue to look for a close above
the May 09 high (0.6996) to shift focus higher.
- Wednesday's RBNZ FSR release may provide the highlight for NZD traders this
week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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