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NZDUSD remains locked in its short-term........>

KIWI
KIWI: NZDUSD remains locked in its short-term trend channel. Rate eases to
$0.6553 and currently rests on support from the 76.4% retracement of the Oct -
Dec 2018 rise. Below here opens recent cycle lows at $0.6527, ahead of channel
base support at $0.6489.
- The recent bearish MA crossover (50-dma below 100-dma) could further
accelerate losses. It's also worth noting NZDUSD has traded lower in May seven
of the last nine years, currently -1.83%. 

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