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Risk-on after the release of strong.....>

AUSSIE-KIWI
AUSSIE-KIWI: Risk-on after the release of strong Chinese PMI data boosted the
AUD complex overnight. AUDNZD continues to form a falling wedge which is a
bullish reversal pattern (See MNI Analysis email AUDNZD Falling Wedge Mar 28
1254BST). A topside break of NZ$1.0448 is required for confirmation, opening a
move toward the 100-dma & 38.2% retracement of the Aug-Jan fall at
NZ$1.0496/0515. Last NZ$1.0430.

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